Question

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?
a. 7%
b. 12%
c. 15%
d. 18%

Answer 1

Answer:

B. 12%

Step-by-step explanation:

Answer 2

Answer:

B. 12%

Step-by-step explanation:

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