Monday

October 20, 2014

October 20, 2014

Posted by **MONICA** on Friday, November 25, 2011 at 5:07pm.

The amount to be financed is $ The down payment is $

(b) $730,000; 20% down The amount to be financed is $

The down payment is $

I need help with this.Please show me the steps to this problem.

- ALGEBRA -
**Lee**, Friday, November 25, 2011 at 9:33pmTo figure out the down payment percentage multiply dollar amount by decimal for percent. For example 10% is .10 20% is .20 5% is .05 etc.

Then to figure out the amount to be financed subtract the down payment from the original amount.

Does this help?

- ALGEBRA -
**MONICA**, Saturday, November 26, 2011 at 1:49pmYes this help a lot. Thanks.

What I came up with is (a)amount to be financed is $46,046 the down payment is 414,414 (b)amount to be financed is $584,000 the down payment is $146,000 is this correct.

**Answer this Question**

**Related Questions**

math - Determine the down payment and the amount to be financed for each home ...

ALGEBRA - Determine the down payment and the amount to be financed for each home...

math - Determine the down payment and the amount to be financed for each home ...

math - Determine the down payment and the amount to be financed for each home ...

math - Determine the down payment and the amount to be financed for each home ...

Math - Tim Worker buys a new sofa for $549.95. He pays 20% down and takes an ...

math - Tim Worker buys a new sofa for $629.95. He pays 25% down and takes an ...

consumer math - Tim Worker buys a new sofa for $629.95. He pays 25% down and ...

Algebra - A $130,000 home bought with a 20% down payment and the balance ...

Math - The morrison family bought a car for $22,000 which was financed at $600 ...