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Dawn made a $10,000 down payment on a home financed at 8%. What is the cost of the home? A. $85,000 B. $125,000 C. $80,000 D. 8,000 I don't understand how you would be able…

Dawn made a $10,000 down payment on a home financed at 8%. What is the cost of the home? A. $85,000 B. $125,000 C. $80,000 D. 8,000 I don't understand how you would be able…
asked 128k views
2 votes
Dawn made a $10,000 down payment on a home financed at 8%. What is the cost of the home?

A. $85,000
B. $125,000
C. $80,000
D. 8,000
I don't understand how you would be able to determine the cost of the house with a down payment and finance rate.

asked
User Guerry
by
8.4k points

2 Answers

4 votes

Answer:

125,000

Explanation:

answered
User Khundragpan
by
7.8k points
5 votes

Answer:

$125,000

Explanation:

the cost of the home = (10,000/8)*100 = $125,000

answered
User Toni Alvarez
by
8.1k points
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