Real Estate Math
An Iowa home's sale price is $278,000. The buyer puts 20% down. What is the total down payment amount?
A$49,600
B$51,600
C$55,600✓ Correct
D$60,000
Explanation
Down payment = $278,000 × 20% = $55,600. To solve this, multiply the relevant values: $278,000 at 20%..
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