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A person decides to buy a new home, which is selling for $275,000. The bank that is lending the money requires a 10% down payment. How much is required to be paid down on the home? $27,500 $5,500 $11,000
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A person decides to buy a new home, which is selling for $275,000. The bank that is lending the money requires a 10% down payment. How much is required to be paid down on the home?

$27,500
$5,500
$11,000
$2,750

User Lisachenko
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8.2k points

1 Answer

4 votes
27,500 Explantion; i used a calculator
User Badnack
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