Investors buy a studio apartment for $200,000 . Of this amount, they have a down payment of $70,000. Their down payment is what

Question

3 years ago

15

percent of the purchase price? What percent of the purchase price would a $70,000 down payment be?

1 answer:

stiks02 [169] · Answer 1 · 2022-10-11T01:41:05+03:00

4 0

Answer: 35%

Step-by-step explanation:

Percent of down payment

= 70,000 / 200,000 * 100

= 0.35 * 100

= 35%

<em>$70,000 is 35% of the purchase price of $200,000.</em>

Investors buy a studio apartment for $200,000 . Of this​ amount, they have a down payment of $70,000. Their down payment is what