Franklin porter purchased a waterbed for $4,500. he made a 20 percent down payment and financed the remainder. what amount did he finance?

To find the amount that Franklin financed, you will calculate the amount he put down and subtract that from the original price because that is what he still owes.

0.2 x $4500 = $900
$4500 - $900 = $3600.

Porter financed $3600.

You also multiply 0.8 x $4500 because this represents the part out of 100% he still owes.  You will get the same answer this way.

Answer:

$4034.40

step-by-step explanation:

the perimeter of the field is the sum of the lengths of the four sides:

47 yd + 158 yd + 47 yd + 158 yd = 410 yd

the cost of 3 ft (1 yd) of fence is 3×$3.28 = $9.84.

so the cost of jake's wood perimeter fance is

(410 yd) × ($9.84 /yd) = $4034.40