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Solve the Problem. -The Ramiros Have Saved $31,500 for a Down Payment. If

Question 42

Multiple Choice

Solve the problem.
-The Ramiros have saved $31,500 for a down payment. If a 5% down payment is required, what price house can they buy? Round to the nearest dollar.


A) $630,000
B) $6,300
C) $1,575
D) $157,500

Correct Answer:

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