A house sells for 145,000 and a 15% down payment is made . A mortgage was secured at 4.5% for 25 years . Round to the nearest cent if necessary. Find the down payment
Added by Dammy J.
Step 1
The down payment is 15% of the total price of the house. So, we multiply 145,000 (the price of the house) by 0.15 (which is the decimal equivalent of 15%). Show more…
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