Mortgage Amount
1. **State the problem:** A house is sold for 3000000 FRW, and the bank requires a 20% down payment. We need to find the amount of the mortgage.
2. **Formula and explanation:** The mortgage amount is the remaining price after the down payment. The down payment is 20% of the total price.
3. **Calculate the down payment:**
$$\text{Down payment} = 20\% \times 3000000 = 0.20 \times 3000000 = 600000$$
4. **Calculate the mortgage amount:**
$$\text{Mortgage} = \text{Total price} - \text{Down payment} = 3000000 - 600000 = 2400000$$
5. **Answer:** The amount of the mortgage is 2400000 FRW.