Mr. and Mrs. Lorenzo want to buy a home valued at $213,500. If they have 18% of this amount saved for a down payment, how much have they saved? a. $384.30 b. $3,843.00 c. $38,043.00 d. $38,430.00
It would be: 213500 18/100
213500 0.18 = $38430
So, option D is your answer.
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