hayleykeith33p3e58r hayleykeith33p3e58r
  • 27-03-2018
  • Mathematics
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Abc bank requires a 20% down payment on all home loans. if a house is priced at $127000 what is the amount of the down payment required by the bank

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alexisdaigle
alexisdaigle alexisdaigle
  • 27-03-2018
First, you need to convert 20% into a decimal. 20% is 20/100, or 2/10, or 0.2. Just multiply $127000 by 0.2 to get the answer.
$127,000 × 0.2 = $25,400
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hansenjas2004
hansenjas2004 hansenjas2004
  • 27-03-2018
the answer is $25,400
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