SOLUTION: You have decided that you want to buy a home in 6 years. You believe you can afford a house that is $240,000. a) If you want to have 20% for a down payment, how much will y

Algebra ->  Finance -> SOLUTION: You have decided that you want to buy a home in 6 years. You believe you can afford a house that is $240,000. a) If you want to have 20% for a down payment, how much will y      Log On


   

Question 1038387: You have decided that you want to buy a home in 6 years. You believe you can afford a house that is $240,000.


a) If you want to have 20% for a down payment, how much will you need to have for the down payment?
Down payment = $.

Answer by jorel555(1290) About Me  (Show Source):
You can put this solution on YOUR website!
240000*.2=$48000 for the down payment!!!!!!!!!