Subjects finance

Down Payment 52C8D3

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1. **State the problem:** A beauty shop is sold for 120000. An 18% down payment is made. We need to find the down payment amount. 2. **Formula:** Down payment = Sale price \times Down payment rate 3. **Calculate the down payment:** $$\text{Down payment} = 120000 \times 0.18$$ 4. **Perform the multiplication:** $$\text{Down payment} = 21600$$ 5. **Answer:** The down payment is 21600.