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Pete's mortgage payment was originally $1,440 per month. Now, after refinancing his home loan, Pete's mortgage payment is 20% less than it used to be. How much is Pete's monthly payment now?
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Pete's mortgage payment was originally $1,440 per month. Now, after refinancing his home loan, Pete's mortgage payment is 20% less than it used to be. How much is Pete's monthly payment now?

User Locoluis
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The answer would be $1152 because you need to multiply 1440 by .2 because it’s 20% and then you need to subtract whatever you got by 1440. And you’ll get the answer 1152
User Halil
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