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A new house costs $260,000.00. Sara wants to buy the house and needs $35,560.00 for a down payment. Sara currently has $28,000.00 in a savings account that earns 9% simple inter…
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A new house costs $260,000.00. Sara wants to buy the house and needs $35,560.00 for a down payment. Sara currently has $28,000.00 in a savings account that earns 9% simple inter…
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May 9, 2020
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A new house costs $260,000.00. Sara wants to buy the house and needs $35,560.00 for a down payment. Sara currently has $28,000.00 in a savings account that earns 9% simple interest. How long must she keep the money in the savings account in order to have enough for the down payment on the house? *
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Answer:
she needs $7560.00 more
Explanation:
you must subtract 35,560.00 from 28,000.00
Ken Lange
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May 15, 2020
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Ken Lange
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