how much money is needed to make a 10% down payment on a $190,000 asset? down payment = $?

how much money is needed to make a 10% down payment on a $190,000 asset? down payment = $?

how much money is needed to make a 10% down payment on a $190,000 asset? down payment = $?

Answer

Explanation:

Step1: Convert percentage to decimal

10% = 0.1

Step2: Calculate down - payment

Down Payment = 0.1×190000

Answer:

$19000$