Question

he Petteys family plans to buy a home for $224,900, and has been offered a 30-year mortgage with a rate of 5.5% if they make a 20% down payment . Calculate the down payment. (Do not include a dollar sign with your answer)

Answer 1

44,980

Step-by-step explanation:

20 % of $224,900 = (20/100) × $224,900 = $44,980