Real Estate Math
A Colorado seller lists their home at $550,000 and receives an offer for 96% of the list price. What is the offer price?
A$522,000
B$528,000✓ Correct
C$535,000
D$545,000
Explanation
Offer price = $550,000 × 96% = $550,000 × 0.96 = $528,000.
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