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you have saved 20 000 for a down payment on a house your bank requires a minimum down payment of 11 what is the maximum pr

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You have saved $20,000 for a down payment on a house. Your bank requires a minimum down payment of 11%. What is the maximum price you can offer for a home in order to have enough money for the down payment? (Round your answer to two decimal places.)

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Answer to a math question You have saved $20,000 for a down payment on a house. Your bank requires a minimum down payment of 11%. What is the maximum price you can offer for a home in order to have enough money for the down payment? (Round your answer to two decimal places.)

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106 Answers

x\left(\frac{11}{100}\right)=20000

x=181,818.18

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