Tom wants to buy a new house. He has $28,000 for an initial down payment. Assuming the down payment on the house must be 20% of the houses total cost, what is the most expensive house Tom can afford the down payment on?

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08-03-2021
Mathematics

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Tom wants to buy a new house. He has $28,000 for an initial down payment. Assuming the down payment on the house must be 20% of the houses total cost, what is the most expensive house Tom can afford the down payment on?

Sagot :

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