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A ​$108,000 down payment would be? of the purchase price.

Sagot :

Answer: 10.8%

Step-by-step explanation:

The question is asking what the percentage of the down payment is of the purchase price of the house.

For such a question, the purchase price needs to be known.

We shall therefore assume a purchase price and you can use the process to find out your percentage.

Assume the purchase price is $1,000,000.

The percentage would be:

= Down payment / Purchase price * 100%

= 108,000 / 1,000,000

= 10.8%

Answer:

10.8%

Step-by-step explanation:

see above