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OpenStudy (anonymous):

ABC Bank requires a 20% down payment on all home loans. If a house is priced at $105,000, what is the amount of the down payment required by the bank? @TuringTest @ajprincess @ganeshie8

OpenStudy (anonymous):

20% of $105,000. Let 20% = 0.20 105,000 x 0.20 = $21,000 You will need $21,000 as a down payment.

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