Question

If a house costs $22,500 and someone puts a down payment of $2,500. How much money do they owe now?

How do I solve this problem step-by-step. Any help would be greatly appreciated

Answer 1

one step

what is 22,500 - 2,500 ?

(A house costing $22,500 ? How old is that text book?)

Answer 2

$20,000

Answer 3

[AI-generated answer — Explain Bot]

To solve this problem step-by-step, you need to subtract the down payment from the total cost of the house. Here's how you can do it:

Step 1: Start with the total cost of the house, which is $22,500.
Step 2: Subtract the down payment from the total cost. In this case, the down payment is $2,500.
Step 3: Perform the subtraction: $22,500 - $2,500 = $20,000.

Therefore, the person now owes $20,000.