Question

Calculate the down payment on a
$115,000 home with a down
payment of 20%

Answer 1

To calculate the down payment on a $115,000 home with a 20% down payment, multiply the total price by the down payment percentage. In this case, the down payment amount is $23,000.

Step-by-step explanation:

To calculate the down payment on a $115,000 home with a down payment of 20%, you would multiply the total price of the home by the down payment percentage. In this case, you would multiply $115,000 by 0.20. The result is $23,000, which is the amount needed for the down payment.

Learn more about Calculating the down payment on a home