Resourcesdown chevron
Testimonials
Plans
Sign in
Sign up
Resourcesright arrow
Testimonials
Plans
Bytelearn - cat image with glassesAI tutor

Welcome to Bytelearn!

Let’s check out your problem:

Tyee wants to buy a home for $480,000, but can only get a loan from the bank for $364,800. What percentage does Tyee have to put down in order to pay for the home? Answer:

Tyee wants to buy a home for $480,000 \$ 480,000 , but can only get a loan from the bank for $364,800 \$ 364,800 . What percentage does Tyee have to put down in order to pay for the home?\newlineAnswer:

View step-by-step helpView step-by-step help
Homeright chevron icon
Math Problemsright chevron icon
Grade 8right chevron icon
Identify representative, random, and biased samplesright chevron icon

Full solution

Q. Tyee wants to buy a home for $480,000 \$ 480,000 , but can only get a loan from the bank for $364,800 \$ 364,800 . What percentage does Tyee have to put down in order to pay for the home?\newlineAnswer:
  1. Calculate Total Price: Determine the total price of the home and the amount of the loan Tyee can get from the bank.\newlineTotal price of the home: $480,000\$480,000\newlineAmount of the loan: $364,800\$364,800
  2. Calculate Down Payment: Calculate the down payment Tyee needs to make by subtracting the loan amount from the total price of the home.\newlineDown payment = Total price of the home - Amount of the loan\newlineDown payment = $480,000\$480,000 - $364,800\$364,800\newlineDown payment = $115,200\$115,200
  3. Calculate Percentage: Calculate the percentage of the down payment relative to the total price of the home.\newlinePercentage of down payment = (Down payment/Total price of the home)×100%(\text{Down payment} / \text{Total price of the home}) \times 100\%\newlinePercentage of down payment = ($115,200/$480,000)×100%(\$115,200 / \$480,000) \times 100\%\newlinePercentage of down payment = 0.24×100%0.24 \times 100\%\newlinePercentage of down payment = 24%24\%

More problems from Identify representative, random, and biased samples

Question
Kadeesha wants to buy a car for $14,500 \$ 14,500 . If she can make a down payment of $2,610 \$ 2,610 , then how much does Kadeesha need to borrow from the bank?\newlineAnswer:
Get tutor helpright-arrow

Posted 2 months ago

Question
Cai wants to buy a home for $570,000 \$ 570,000 . If he can make a down payment of $28,500 \$ 28,500 , then how much does Cai need to borrow from the bank?\newlineAnswer:
Get tutor helpright-arrow

Posted 2 months ago

Question
Xin wants to buy a home for $260,000 \$ 260,000 , but can only get a loan from the bank for $221,000 \$ 221,000 . What percentage does Xin have to put down in order to pay for the home?\newlineAnswer:
Get tutor helpright-arrow

Posted 2 months ago

Question
33. Regents Question.\newlineTwo friends went to a restaurant and ordered one plain pizza and two sodas. Their bill totaled $15.95 \$ 15.95 . Later that day, five friends went to the same restaurant. They ordered three plain pizzas and each person had one soda. Their bill totaled $45.90 \$ 45.90 .\newlineWrite and solve a system of equations to determine the price of one plain pizza. [Only an algebraic solution can receive full credit.]
Get tutor helpright-arrow

Posted 2 months ago

Question
The Harrison Company’s bonds currently sell for $1,275\$1,275. They pay a $120\$120 annual coupon, have a 2020-year maturity, and a par value of $1,000\$1,000, but they can be called in 55 years at $1,120\$1,120. If the yield curve remained flat, which rate would investors expect to earn? Group of answer choices
Get tutor helpright-arrow

Posted 2 months ago

Question
Serenity has a collection of 140140 coins. How many coins represent 10% 10 \% of her collection?\newlineAnswer:
Get tutor helpright-arrow

Posted 1 month ago

Question
Chandler polled the first 9797 runners to finish a marathon.\newlineIs this a random sample of the runners?\newlineChoices:\newline(A)yes\newline(B)no
Get tutor helpright-arrow

Posted 20 days ago

Question
Connor surveyed the 1717 residents in the neighborhood who had young children.\newlineIs this sample of the residents in the neighborhood likely to be biased?\newlineChoices:\newline(A)yes\newline(B)no
Get tutor helpright-arrow

Posted 13 days ago

Question
Estelle asked 1010 random students in the lunch line if they would be willing to discuss what they planned to buy for lunch. 22 of them said yes.\newlineIs this sample of the students in the lunch line likely to be biased?\newlineChoices:\newline(A)yes\newline(B)no
Get tutor helpright-arrow

Posted 12 days ago

Question
Answer the questions below about the quadratic function.\newlinef(x)=x2+6x+13 f(x)=x^{2}+6 x+13 \newlineDoes the function have a minimum or maximum value?\newlineMinimum\newlineMaximum\newlineWhere does the minimum or maximum value occur?\newlinex= x= \newline□ \square \newlineWhat is the function's minimum or maximum value?
Get tutor helpright-arrow

Posted 5 hours ago

View all (10)