Investors buy a studio apartment for $200,000. Of this amount, they have a down payment of $20,000. Their down payment is what percent of the purchase price? What percent of the purchase
price would an $80,000 down payment be?
Their down payment is 10% of the purchase price.
An $80,000 down payment would be 40% of the purchase price.

Questions 7-8. use the following table to answer. year 2006 2007 2008 2009 2010 2011 2012 2013 cpi 201.6 207.342 215.303 214.537 218.056 224.939 229.594 232.957 7. suppose you bought a house in 2006 for $120,000. use the table above to calculate the 2013 value adjusted for inflation. (round to the nearest whole number) 8. suppose you bought a house in 2013 for $90,000. use the table above to calculate the 2006 value adjusted for inflation. (round to the nearest whole number)