Real Estate Math
A Delaware seller wants to net $300,000 after paying a 5% commission and $8,000 in closing costs. What must the property sell for?
A$324,210
B$299,999✓ Correct
C$330,000
D$315,789
Explanation
Net proceeds = Sale Price − (Sale Price × 5%) − $8,000 = $300,000. Sale Price × 0.
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