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Spencer Ward purchased a new riding mower for $1,989. He made a 15% down payment and financed the remainder. What amount did he finance?

Spencer Ward purchased a new riding mower for $1,989. He made a 15% down payment and financed the remainder. What amount did he finance?
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2 votes
Spencer Ward purchased a new riding mower for $1,989. He made a 15% down payment and financed the remainder. What amount did he finance?

User Natalie Weizenbaum
by
8.0k points

1 Answer

2 votes
The amount of the down payment is
1,989×0.15=298.35

Amount financed is
1,989−298.35=1,690.65
User Informaton
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