Sue buys a house. Homeowner's insurance will cost $800 a year. She needs to pay 25% of this amount as her first payment. How much is her first payment? I assume $2,000

Respuesta :

Given:

Cost of Homeowner's insurance = $800

Her first payment is 25% of $800.

[tex]\text{First payment=}\frac{25}{100}\times800[/tex][tex]=25\times8[/tex]

[tex]=200[/tex]

Therefore, her first payment is $200.