john wants to purchase a boat that costs $1,500. He signs an installment agreement requiring a 20% down payment. How much will john need for the down payment

Answer:$300 down payment Step-by-step explanation:John wants to purchase a boat that costs $1,500. He signs an installment agreement requiring a 20% down payment. How much will john need for the down payment20% = 0.200.20 * 1,500 = $300 down payment