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
Posted: Thu Jul 07, 2022 2:21 pm
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.)