SOLUTION: Your friend purchases a $165,000 house. If he makes a 20% down payment, how much money will he borrow for his mortgage?

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Question 1060809: Your friend purchases a $165,000 house. If he makes a 20% down payment, how much money will he borrow for his mortgage?
Answer by addingup(3677) About Me  (Show Source):
You can put this solution on YOUR website!
165,000-(165,000*0.20) = money he will borrow for his mortgage. Use your calculator.