If someone buys a home for $200,000 and makes a 20 percent down payment, that person will have to pay $40,000 up front.
<h3>What is Down payment?</h3>
- An advance, partial payment known as a down payment is made when buying expensive products or services like a home or a car.
- Typically, it is paid in cash or an equivalent at the time the transaction is completed. The remaining payment must then be financed through a loan of some kind.
- A greater down payment typically indicates that you are a less risky borrower, and a lower interest rate reflects a less hazardous borrower.
- A lower interest rate will enable you to pay less interest overall and save you money on your monthly payment.
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Answer:
d. $650 gain
Explanation:
Gain or loss is a function of the prices an item cost at the time of purchase and the amount realized on the sale of the item.
Gain/loss is the difference between the selling price and cost price. Where the cost is more, the company makes a loss, where it is not greater than or equal to, the company makes a gain.
total cost = $18,000 + $350
= $18,350
Gain/(loss) = $19,000 - $18,350
= $650
Answer:
- Interactive writing:
When using interactive writing, we are making the process visual to the classroom and helping the emigrating writers learn how to write. The strategy is used more with the younger grade levels and helps them learn how to write .
- Phonics:
Phonics knowledge allows children to understand the link between sounds (phonemes) and letter patterns (graphemes). This is a gateway into letter sound knowledge.
- Shared Reading
This is an engaging activity that boosts early literacy development and self-confidence in young children.
Explanation: