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A lender requires a minimum down payment of 12% of the value of the home. You have $21,000 cash available to use as a down payment toward a home. Determine the maximum home valu…
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A lender requires a minimum down payment of 12% of the value of the home. You have $21,000 cash available to use as a down payment toward a home. Determine the maximum home valu…
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May 28, 2024
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A lender requires a minimum down payment of 12% of the value of the home. You have $21,000 cash available to use as a down payment toward a home. Determine the maximum home value that you can finance.
You can afford to finance a home worth at most $_____
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Asif Sheikh
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Answer:
$175,000
Explanation:
$21,000 is 12% of $175,000
TheHungryCub
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Jun 4, 2024
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