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2 years ago

9

You are purchasing a home for $145,000.In order to get a 30 year fixed mortgage rate of 4.5%, the bank requires a 20% down payme

nt.
What is the down payment amount?

1 answer:

Firdavs [7]2 years ago

8 0

20% of $145,000 is
0.2*$145,000 = $29,000

Answer: $29,000

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