If I'm looking at buying a house for $450,000, and want my deposit to be 20%, how much do I need to have saved?
Question
Solution 1
To calculate a 20% deposit on a $450,000 house, you would do the following:
- Convert the percentage into a decimal by dividing it by 100. So, 20% becomes 0.20.
- Multiply the price of the house by the decimal.
So, 90,000
Therefore, you would need to have $90,000 saved for a Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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