Posted by **Anonymous** on Friday, August 24, 2012 at 2:00pm.

Determine the down payment and the amount to be financed for each home described below.

(a) $360,360; 10% down

The down payment is $ 1

The amount to be financed is $ 2

(b) $960,000; 20% down

The down payment is $ 3

The amount to be financed is $ 4

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