SaltyDogg SaltyDogg

02-01-2020
Mathematics

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A Chevrolet was purchased for $23, 750 and a 20% down payment was made. Find the amount financed.

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musiclover10045 musiclover10045

02-01-2020

They put 20% down so that means 80% was financed ( 100% - 20% = 80%).

Multiply the purchase price by 80%:

23750 x 0.80 = $19,000 was financed.

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