If the selling price of a home is $505,000 with a 15% down payment, what is the amount of the down payment?
$75,000
$75,500
$75,750
$80,000
None of these choices are correct.
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Answer:
$75,750
Step-by-step explanation:
15% = 0.15
$505,000 × 0.15 = $75,750
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