basicflxp
contestada

15. Cody and his wife are purchasing a home. The cost
of the home is $145,900. They will be required to
pay a down payment of 5% of the purchase price
and to pay closing costs of 6% of the purchase
price. How much cash will they need for the down
payment and closing costs?
$16,049
$8,754
$7,295
$145,900
$161,949​

Respuesta :

Lali22

They would need $16,049!

Price of the home is $145,900.

Percentage of the down payment is 5%

Subtract 5% from $145,900 = $138,605

That mean 5% of $145,900 is $7,295

Percentage of the closing cost is 6%.

Subtract 6% from $145,900 = 137,146

That mean 6% of 145,900 is $8,754

Add the down payment ($7,925) and closing cost ($8,745)

$16,049!

Mark me Brainliest!! Please!

madiodougherty16

they will need to pay $16,049

multiply $145,900 by 5%

multiply $145,900 by 6%

now add the totals to get $16,049

Otras preguntas