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anonymous

  • 5 years ago

a new house costs 300,000.00. leanor wants to buy the house and needs $16,200.00 for a down payment.leanor currently has $12,000.00 in a savings account in order to have enough for the down payment on the house?

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  1. anonymous
    • 5 years ago
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    please help me

  2. anonymous
    • 5 years ago
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    this contradicts it self. it first says he need 16,200.00 but then it says he has only 12,000.00

  3. anonymous
    • 5 years ago
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    what does contradicts mean?

  4. anonymous
    • 5 years ago
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    torrid can u please help me

  5. anonymous
    • 5 years ago
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    please

  6. anonymous
    • 5 years ago
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    it means that it doesnt make sense.

  7. anonymous
    • 5 years ago
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    how it just says that he has this and she needs this thats partof the question

  8. anonymous
    • 5 years ago
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    it says that he needs 16,200.00 but he only has 12,000.00. He does not have enough to purchase this house.

  9. anonymous
    • 5 years ago
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    I think it's asking how much more does this person need before she can put down the down payment, right?

  10. anonymous
    • 5 years ago
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    Oh. then it would be 3,800.00

  11. anonymous
    • 5 years ago
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    no its askin how long must she keep the money in the savings account in order to have enough for the down payment on the house?

  12. anonymous
    • 5 years ago
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    whats the interest rate?

  13. anonymous
    • 5 years ago
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    it saids 7% simple interest

  14. anonymous
    • 5 years ago
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    thank you

  15. anonymous
    • 5 years ago
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    k

  16. anonymous
    • 5 years ago
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    if its 7% per year, it would be 5 years. if it was 7% per month it would be 5 months!

  17. anonymous
    • 5 years ago
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    k

  18. anonymous
    • 5 years ago
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    yea bt i dnt know if its month or year it dnt say

  19. anonymous
    • 5 years ago
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    write it as both. then you cant be wrong ;)

  20. anonymous
    • 5 years ago
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    okay so then how do i do it

  21. anonymous
    • 5 years ago
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    i dont know. I would just write it as : If the interest rate is 7% then it would happen when the return of the money would be.

  22. anonymous
    • 5 years ago
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    nd how did u get 5 years or 5 months

  23. anonymous
    • 5 years ago
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    i took 12,000 and then i multiplied it by .07 (which is 7%) then i took another calculator and and took 16,200 - 12,000 then i took the answer of question 2 and divide it by question 1 you will get 5.

  24. anonymous
    • 5 years ago
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    oh bt it gave me a decimal

  25. anonymous
    • 5 years ago
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    i dont know why sorry.

  26. anonymous
    • 5 years ago
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    n.m i got 5

  27. anonymous
    • 5 years ago
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    great!

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