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Karina bought a townhouse for $199,900. She has a 30 year mortgage with a fixed rate of 5.5%. Karina’s monthly payments are $998.08. What percent of the purchase price was Karina’s down payment?

A7%
B12%
C15%
D18%

Verified Answer :

Answer:

B. 12%

Step-by-step explanation:

Answer:

B. 12%

Step-by-step explanation:

e d g e