Real Estate Math
A buyer offers $275,000 on a home listed at $289,000. The seller counters at $283,500. The buyer accepts. What was the original difference between the buyer's offer and the final price?
A$5,500
B$6,000
C$8,500✓ Correct
D$14,000
Explanation
Final price − Buyer's original offer = $283,500 − $275,000 = $8,500. Using the values given ($275,000, $289,000), apply the appropriate formula.. The correct answer is $8,500.. This is a common calculation on the Idaho real estate exam.
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