Question

(Fraction) 64) Darren wants to buy a vehicle for $42,500. He must place a down payment of $15,000 to afford the monthly payments. He has saved $9,000 so far. What fraction of his down payment has he saved? A) ¾1 B) ½ C) ⅗ D) 116

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Answer to a math question (Fraction) 64) Darren wants to buy a vehicle for $42,500. He must place a down payment of $15,000 to afford the monthly payments. He has saved $9,000 so far. What fraction of his down payment has he saved? A) ¾1 B) ½ C) ⅗ D) 116

$Expert avatar$

Gene

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107 Answers

Solution:
1. The down payment required is USD 15,000.
2. Darren has saved USD 9,000 so far.
3. To find the fraction of the down payment saved, use the formula:

\text{fraction saved} = \frac{\text{amount saved}}{\text{total down payment}}

4. Substitute the given values into the formula:

\text{fraction saved} = \frac{9000}{15000}

5. Simplify the fraction:
*

\frac{9000}{15000} = \frac{9}{15}

* Continue simplifying by dividing both numerator and denominator by their greatest common divisor, which is 3:
*

\frac{9}{15} = \frac{3}{5}

Thus, Darren has saved

\frac{3}{5}

of his down payment.

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(Fraction) 64) Darren wants to buy a vehicle for $42,500. He must place a down payment of $15,000 to afford the monthly payments. He has saved $9,000 so far. What fraction of his down payment has he saved? A) ¾1 B) ½ C) ⅗ D) 116

Answer to a math question (Fraction) 64) Darren wants to buy a vehicle for $42,500. He must place a down payment of $15,000 to afford the monthly payments. He has saved $9,000 so far. What fraction of his down payment has he saved? A) ¾1 B) ½ C) ⅗ D) 116

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