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lorasvet [3.4K]
3 years ago
14

A house is purchased for $205,000, and a down payment is made for 20% of the purchase price, is made. Calculate the mortgage bal

ance.
Mathematics
1 answer:
lord [1]3 years ago
7 0
205,000−(205,000×0.20)=164,000
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We assume, that the number 180 is 100% - because it's the output value of the task.

2. We assume, that x is the value we are looking for.

3. If 100% equals 180, so we can write it down as 100%=180.

4. We know, that x% equals 483.6 of the output value, so we can write it down as x%=483.6.

5. Now we have two simple equations:

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100%/x%=180/483.6

6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for 483.6 is what percent of 180

100%/x%=180/483.6

(100/x)*x=(180/483.6)*x       - we multiply both sides of the equation by x

100=0.37220843672457*x       - we divide both sides of the equation by (0.37220843672457) to get x

100/0.37220843672457=x

268.66666666667=x

x=268.66666666667

now we have:

483.6 is 268.66666666667% of 180

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