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The bank has accepted Harriet's application for a mortgage to buy a property worth $325,500. She has to make a down payment of 20 percent of the purchase price. What is the…
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The bank has accepted Harriet's application for a mortgage to buy a property worth $325,500. She has to make a down payment of 20 percent of the purchase price. What is the…
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Jan 5, 2017
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The bank has accepted Harriet's application for a mortgage to buy a property worth $325,500. She has to make a down payment of 20 percent of the purchase price. What is the loan amount?
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Satyendra Fauzdar
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Answer:
the answer is 260,400
Step-by-step explanation:
Jakub Gawecki
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Jan 8, 2017
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Harriet has to pay 20 percent of $325,500.
Therefore,
20% off 325500 = 20/100 x 32500
= 65100
Hence,
she would have to pay $65,100
Makrushin Evgenii
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Jan 12, 2017
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Makrushin Evgenii
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