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Mr. and Mrs. Donahue want to buy a home valued at $365,000. If they have 21.5% of this amount saved for a down payment, how much will their home loan be? a. $78,475 b. $286,525 c. $341,275 d. $357,153 Please select the best answer from the choices provided

Respuesta :

Answer:

b. $286,525

Step-by-step explanation:

Mr. and Mrs. Donahue want to buy a home valued at $365,000.

They have 21.5% of this amount saved for a down payment, means they have saved [tex]0.215\times365000=78475[/tex] dollars

So, their home loan will be of [tex]365000-78475=286525[/tex] dollars

Therefore, the answer is $286,525.

Answer:

b.

$286,525

Step-by-step explanation:

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