how much money is needed to make a 15% down payment on a $750,000 asset? down payment = $?
how much money is needed to make a 15% down payment on a $750,000 asset? down payment = $?
Answer
Explanation:
Step1: Convert percentage to decimal
15% = 0.15
Step2: Calculate down - payment
Down payment = 0.15×750000 = 112500
Answer:
112500