You placed a 12% down payment on a new home. Given that the amount of the down payment was $42,655.12, determine the price of the home. Round your answer to the nearest cent.
a.
$355,459.33
c.
$426,551.20
b.
$387,773.82
d.
$473,945.78

Question

You placed a 12% down payment on a new home. Given that the amount of the down payment was $42,655.12, determine the price of the home. Round your answer to the nearest cent.
a.
$355,459.33
c.
$426,551.20
b.
$387,773.82
d.
$473,945.78

anonymous · Answer

the answer is A,
42,655.12/12%=355459.333333 which equals a. $355,459.33