> #finance , #real-estate > A house cost K400 000. The buyer is required to pay 30% of the total cost before the bank approves the loan? How much will the buyer pay before the bank pay the rest of the balance?
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Nickii Fay
May 11

A house cost K400 000. The buyer is required to pay 30% of the total cost before the bank approves the loan? How much will the buyer pay before the bank pay the rest of the balance?

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C
ChatGPT
May 11
The buyer will need to pay 30% of K400,000, which is:

0.30 x K400,000 = K120,000

Therefore, the buyer will need to pay K120,000 before the bank approves the loan.
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G
Google Gemini AI
May 11
30% of K400 000 = (30/100) × K400 000 = K120 000

Therefore, the buyer will pay K120 000 before the bank approves the loan.
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