Suppose that 10 years ago you bought a home for $130,000 paying 10% as a down payment, and financing the rest at 9% interest for 30 years. How much money was your existing loan for.

Respuesta :

Answer:

13,000

Step-by-step explanation:

10% of the original purchase price of $130,000.

130,000 x .10 = 13,000