mr. and mrs. yeager want to buy a home valued at $320,000. if they have 15% of this amount saved for a down…

mr. and mrs. yeager want to buy a home valued at $320,000. if they have 15% of this amount saved for a down payment, how much have they saved? a. $480 b. $4,080 c. $4,800 d. $48,000 please select the best answer from the choices provided

mr. and mrs. yeager want to buy a home valued at $320,000. if they have 15% of this amount saved for a down payment, how much have they saved? a. $480 b. $4,080 c. $4,800 d. $48,000 please select the best answer from the choices provided

Answer

Explanation:

Step1: Convert percentage to decimal

$15% = 0.15$

Step2: Calculate down - payment amount

$320000\times0.15 = 48000$

Answer:

D. $48,000$