Question 892757
The down payment + mortgage = $69,500
Since the down payment is 20%,
this means the down payment is 20% of $69500
= 0.20*69500 = 13900 = $13900
Since the down payment + mortgage = 69500
 13900 + mortgage = 69500
subtract 13900 from each side
 mortgage = 69500 - 13900 = 55600 = $55,600
and
 13900 + 55600 = 69500