Max is buying a home worth $250,000. He will pay 3 percent in closing costs and 12 percent for a down payment. Calculate how muc

Question

Marianna [84]

2 years ago

15

Max is buying a home worth $250,000. He will pay 3 percent in closing costs and 12 percent for a down payment. Calculate how muc

h he will pay for each of these one-time fees.

Mathematics

1 answer:

Svet_ta [14] · Answer 1 · 2022-08-15T06:17:56+03:00

Svet_ta [14]2 years ago

6 0

Hey there, Lets solve this together,

We all know that you will <span>start off with 250,000 and multiply that by 3%, which is the same thing as .03 in decimal form.
</span>
= 7500

You do the same thing again.

<span>12%,= 30,000 for the down payment.
</span>