how much money is needed to make a 3.5% down ...

how much money is needed to make a 3.5% down payment on a $180,000 asset? down payment = $?

Answer

# Answer: $6300$ # Explanation: ## Step1: Convert percentage to decimal $3.5\%=0.035$ ## Step2: Calculate down - payment $180000\times0.035 = 6300$