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Svetach
[21]
2 years ago
14
The bank has accepted Harriet's application for a mortgage to buy a property worth $325,500. She has to make a down payment of 2
0 percent of the purchase price. What is the loan amount?
Mathematics
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2
answers:
8_murik_8
[283]
2 years ago
8
0
<span>What is 20% of $325,500?
</span><span>She needs a loan of 80%. So multiply 80% by the purchase price.
</span><span>325500 x 80% $260,400
</span>hope this helps
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aev
[14]
2 years ago
6
0
325500*0.2=65100
325500-65100=260400
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