SOLUTION: 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

SOLUTION: 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

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Question 956943: 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
Answer by macston(5194) (Show Source): You can put this solution on YOUR website!
$42655.12/0.12=$355459.33 ANSWER: Price of the home was $355459.33.
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