The bank has accepted Harriet's application for a mortgage to buy a property worth $325,500. She has to make a down payment of 20 percent of the purchase price. What is the loan amount?

Question

anonymous · Answer

@Locks @jabez177

jabez177 · Answer

$6510 I believe is the answer because in order to find the loan you need to find 20% of 325,500 and in order to do that you need to Divide .02 by 325,500 and the answer will be $6,510 :) I am 99.9% sure that is correct :)

anonymous · Answer

Thats not one of my choices though

anonymous · Answer

A:256000
B:258000
C:260400

anonymous · Answer

@jabez177

jabez177 · Answer

It may be B. but I am not that sure because I did not calculate I was trying to but I kept on getting numbers to high and number to low so yeah  sorry but I think it may be B. that is what my inxtinct it telling me