Real Estate Math
A Connecticut property is for sale at $379,000. A buyer offers 98% of list price. What is the offer amount?
A$371,420✓ Correct
B$372,020
C$374,110
D$379,000
Explanation
$379,000 × 0.98 = $371,420. To solve this, multiply the relevant values: $379,000 at 98%.. The correct answer is $371,420.. This is a common calculation on the Connecticut real estate exam.
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