Question

You are financing a computer for $5000 . You are required to put down a 15% down payment. How much money do you need for your down payment ?

Answer 1

To calculate the down payment for a $5000 computer at a 15% rate, multiply 0.15 by $5000, resulting in a down payment of $750.

Step-by-step explanation:

The question is asking to calculate the down payment for a computer that costs $5000 with a required down payment percentage of 15%. To find out the down payment amount, one needs to take 15% of the total cost of the computer. To calculate 15% of $5000, the following steps are taken:

1. Convert the percentage into a decimal by dividing it by 100: 15% / 100 = 0.15.
2. Multiply the decimal by the total cost to get the down payment: 0.15 * $5000 = $750.

Therefore, the down payment required for a $5000 computer is $750.

To find the amount of money you need for your down payment, you need to calculate 15% of the total cost of the computer.

To do this, you can multiply the total cost by 0.15.

In this case, if the computer costs $5000, the down payment would be $5000 multiplied by 0.15, which is $750.