Answer:
When you buy expensive items with a loan, you often need to make a down payment to cover a portion of the purchase price. That initial payment is often critical for getting approved, and it can affect your borrowing costs throughout the life of your loan. As a result, it’s wise to understand how down payments work so you can choose the right down payment amount.
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Step-by-step explanation:
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Answer:
Is this an exam? looks like it
First, convert those inches to feet.
7in =ish 0.5833333
(you find this by dividing 7/12 on a calculator)
Now you just square 9.583333333
9.583333333^2
9.583333333 * 9.583333333
91.84027777ish
Rounded to the nearest foot, means the answer is 92ft.
2 5/9 +1 2/3
= 2 5/9 + 1 6/9
= 3 11/9
= 4 2/9