7. Nancy Potts paid \( \$ 19,720 \) down on a house costing \( \$ 128,300 \). How much did she have to mortgage? \( \$ \)
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Extra Insights
To find out how much Nancy Potts had to mortgage, you simply subtract the down payment from the total cost of the house. Here's the calculation: \[ 128,300 - 19,720 = 108,580 \] So, Nancy had to mortgage \( \$ 108,580 \). Now, imagine Nancy celebrating with a little housewarming party as she moves into her new space, all while keeping her mortgage plan in check! Smart moves with finances can lead to more fun celebrations down the line.
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