John and Melissa recently moved to Knoxville, Tennessee and bought a house. Their down payment was $36,500 and the closing cost was $2,955. John and Melissa received $800 cash back as part of a bank program encouraging new homeowners.

How much money will John and Melissa have paid in total after they close on their house, if the $800 cash back is included?

Question

John and Melissa recently moved to Knoxville, Tennessee and bought a house. Their down payment was $36,500 and the closing cost was $2,955. John and Melissa received $800 cash back as part of a bank program encouraging new homeowners.

How much money will John and Melissa have paid in total after they close on their house, if the $800 cash back is included?

anonymous · Answer

= 36500 + 2955 - 800.

anonymous · Answer

i dont think thats right?

anonymous · Answer

= down payment + closing - cash back    not right? why not?

anonymous · Answer

when i put the answer in on the assignment it comes out as wrong?