Ou have found a house that you would like to purchase. The amount of the home is $225,000. You would like to finance the home th

Question

3 years ago

5

Ou have found a house that you would like to purchase. The amount of the home is $225,000. You would like to finance the home th

rough your local credit union but they require a 10% down payment. Determine the amount needed for the down payment so that the bank will finance the home purchase. A. $22,500 c. $225,000 b. $202,500 d. $2,250

Mathematics

1 answer:

Tpy6a [65] · Answer 1 · 2022-04-04T23:17:54+03:00

Tpy6a [65]3 years ago

5 0

Answer:

A. $22,500

Step-by-step explanation:

10% = 10/100 = 1/10

To divide a decimal number by 10, move the decimal point one place to the left (remove a zero):

$225000./10 = $22500.0 = $22500