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Sam took out an 80/20 mortgage on a $125,000 home. What is the amount financed under the first mortgage? A-$100,000 B-$125,000 C-$120,000 D-25,000
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Sam took out an 80/20 mortgage on a $125,000 home. What is the amount financed under the first mortgage?

A-$100,000
B-$125,000
C-$120,000
D-25,000

User Jason Polites
by
4.5k points

2 Answers

6 votes

Answer:

100,000

Explanation:

User Syex
by
5.6k points
5 votes

Answer:100,000

Explanation:

User Ariets
by
4.9k points
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