Real Estate Math
An Oklahoma home sold for $298,500. The buyer's lender required a 10% down payment. What was the down payment?
A$27,850
B$29,850✓ Correct
C$28,500
D$30,000
Explanation
Down payment = $298,500 x 10% = $29,850. To solve this, multiply the relevant values: $298,500 at 10%..
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