Question

Mr. And Mrs. Lorenzo want to buy a home valued at $213,500. If they have 18% of this amount saved for a down payment, how much have they saved? a. $384. 30 b. $3,843. 00 c. $38,043. 00 d. $38,430. 0.

Answer 1

D- 38,430

Explanation:

To find 18% of 213.5k, we need to convert 18% back into its decimal form (0.18), then multiply it by 213.5k and boom! there is your answer.