Question

1. Ricky is planning to buy a $23,000 car. He can afford to put down a 20% down payment. How much moneyis his down payment?

Answer 1

SOLUTION:

We are told that;

Ricky is planning to buy a $23,000 car. He can afford to put down a 20% down payment.

The down payment would amount to;

$\frac{20}{100}\times23000=\text{ \ }4600$

Thus, the down payment is $4600