Monique buys a $4,700 air conditioning system using an installment plan that requires 15% down. How much is the down payment?

illusiia

illusiia

Answered question

2021-02-26

Monique buys a $4,700 air conditioning system using an installment plan that requires 15% down. How much is the down payment?

Answer & Explanation

lamanocornudaW

lamanocornudaW

Skilled2021-02-27Added 85 answers

To find how much is the down payment, multiply the percent needed to pay as down payment to the original price. Let x be the down payment, and to get this: x = original price x % of down payment
x = $4,700 x 0.15
x =$705
so she has a down payment amounting to $705

Do you have a similar question?

Recalculate according to your conditions!

Ask your question.
Get an expert answer.

Let our experts help you. Answer in as fast as 15 minutes.

Didn't find what you were looking for?