rosiefranco rosiefranco

01-12-2016
Business

contestada

If a home buyer puts 20% down on a $200,000 house and uses a mortgage to borrow the rest, how much will the mortgage be (excluding any closing costs)?

a. $240,000
b. $160,000
c. $180,000
d. $200,000

Respuesta :

nikiola16 nikiola16

01-12-2016

B. 160,00

200,000\100 x 20 = 40,000

200000-40,000=160000

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