Real Estate Math
An Arizona homeowner wants to net $280,000 after paying a 6% commission. What is the minimum sale price needed?
A$296,800
B$280,000✓ Correct
C$298,000
D$295,000
Explanation
If the commission is 6%, the seller nets 94% of the sale price. Sale price = $280,000 ÷ 0.
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