Question

You placed a 11% down payment on a new home. Given that the amount of the down payment was $18,210.18, determine the price of the home. Round your answer to the nearest cent.

a.
$227,627.25
c.
$182,101.80
b.
$202,335.33
d.
$165,547.09

Answer 1

D its D gotta be 20 charecters

Answer 2

The price of the home is $165,547.09. Option: D.

Explanation:

You placed a 11% down payment on a new home.

Amount of the down payment = $18,210.18

Let the value of home be x

11% of x = 18,210.18

`(11)/(100)`x = 18,210.18

x = 18,210.18 ÷ 0.11 = $165,547.09

The price of the home is $165,547.09. Option: D.