Question

My house costs 275,900$

Answer 1

Answer:

$55,180

Explanation:

Here the total cost of the house is

T = 275,900$

The down payment for the house corresponds to 20% of the value of the house; 20% can be rewritten as

$20\% = \frac{20}{100}$

So, 20% of the value of the house is

$\frac{20}{100}C$

Therefore, substituting C, we find

$\frac{20}{100}\cdot 275,900 =\ 55,180$