Problema Solution
You placed a 15% down payment on a new home. Given that the amount of the down payment was $36,782.12, determine the price of the home. Round your answer to the nearest cent.
Answer provided by our tutors
Let x represent the price of the home
0.15*x = 36782.12
........
........
x = $245,214.133
The price of the home is $245,214.133.