Answer:
The amount of down payment is $ 37000.
Step-by-step explanation:
Given,
The price of house = $ 185,000,
Down payment percentage required by bank = 20 %,
Thus, the amount of the down payment for house required by the bank
= 20% of the price of house
= 20% of $ 185,000
[tex]=\frac{20\times 185000}{100}[/tex]
[tex]=\frac{3700000}{100}[/tex]
[tex]=\$ 37000[/tex]
