Question

If you wanted to buy a home for $312,000 and had to pay 9% as a down payment, how mu

oney would you need? SHOW YOUR WORK!x

Answer 1

To buy a home for $312,000 with a 9% down payment, you would need $28,080.

Step-by-step explanation:

To calculate the down payment, we can multiply the price of the home by the percentage required for the down payment. In this case, we multiply $312,000 by 9% (which is 0.09 in decimal form). So the down payment amount would be $312,000 imes 0.09 = $28,080.

Learn more about Calculating down payment