Assume you have found the home you want to purchase and it costs $230,000. You need to have a 20% down payment. Based on

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Assume you have found the home you want to purchase and it costs $230,000. You need to have a 20% down payment. Based on

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Assume You Have Found The Home You Want To Purchase And It Costs 230 000 You Need To Have A 20 Down Payment Based On 1
Assume You Have Found The Home You Want To Purchase And It Costs 230 000 You Need To Have A 20 Down Payment Based On 1 (24.23 KiB) Viewed 65 times
Assume you have found the home you want to purchase and it costs $230,000. You need to have a 20% down payment. Based on this information, determine the amount of the 20% down payment and the amount of the mortgage loan. The down payment is S and the mortgage loan amount is $ (Round to the nearest cent as needed.)
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