Answer
A down payment is the portion of the sale price of the home that the buyer initially pays to the seller.
Work Step by Step
A down payment is the portion of the sale price of the home that the buyer initially pays to the seller.
Thinking Mathematically (6th Edition)
by Blitzer, Robert F.
Published by
Pearson
ISBN 10:
0321867327
ISBN 13:
978-0-32186-732-2
Chapter 8 - Personal Finance - 8.7 The Cost of Home Ownership - Exercise Set 8.7 - Page 556: 14
Update this answer!
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.
