document.write( "Question 1185144: Is it C? I want to check my answer.\r
\n" ); document.write( "\n" ); document.write( "The Franzes are purchasing a home for $195,000, and they are using a conventional loan. What is the best estimate for what their down payment will be?\r
\n" ); document.write( "\n" ); document.write( "A. $5,850\r
\n" ); document.write( "\n" ); document.write( "B. $19,500\r
\n" ); document.write( "\n" ); document.write( "C. $39,000\r
\n" ); document.write( "\n" ); document.write( "D. $48,750
\n" ); document.write( "

Algebra.Com's Answer #815914 by MathTherapy(10552)\"\" \"About 
You can put this solution on YOUR website!
Is it C? I want to check my answer.\r
\n" ); document.write( "\n" ); document.write( "The Franzes are purchasing a home for $195,000, and they are using a conventional loan. What is the best estimate for what their down payment will be?\r
\n" ); document.write( "\n" ); document.write( "A. $5,850\r
\n" ); document.write( "\n" ); document.write( "B. $19,500\r
\n" ); document.write( "\n" ); document.write( "C. $39,000\r
\n" ); document.write( "\n" ); document.write( "D. $48,750
\n" ); document.write( "
A conventional loan calls for a 3% down payment. 
\n" ); document.write( "10% of $195,000 is $19,500, so 3% must be about \"1%2F3\" of that. Plus, there's only 1 amount in the list that's less than $19,500.
\n" ); document.write( "Quite SMPLE, isn't it? \n" ); document.write( "
\n" );