Question

What is a down payment of 20 percent on a purchase price of $215.000?

Answer 1

What is a down payment of 20 percent on a purchase price of $215,000

Answer:

Down payment is $43,000.

Explanation:

Let x be a down payment of 20 percent on a purchase price.

Given:

Purchase price is $215.000

Down payment = 20% of the purchase price.

20% of 215,000

`x= (20)/(100) * 215000`

`x=20* 2150`

`x=43000`

Therefore, the down payment of 20 percent on a purchase price of $215,000 is $43,000,