# Juan Sevez buys a new computer priced at $650. He makes a down payment of 15%. How much of the... ## Question: Juan Sevez buys a new computer priced at$650. He makes a down payment of 15%.

How much of the purchase is not paid for? (Round to nearest hundredth.)

## Down Payment

The down payment is the initial amount that is made to purchase an item. This is a percentage of the total amount. The rest of the amount can then be paid installments.

## Answer and Explanation:

We first need to find the down payment made. The down payment is 15% of the total price, 650. This is: \begin{align} \text{Down Payment}&=15\%*650\\ &=\frac{15}{100}*650\\&=\97.5 \end{align} Thus, the down payment is97.5.

The amount remaining is the amount not paid. This is 650-97.5=\$552.5.