Real Estate Math
A seller wants to net $280,000 after paying a 6% commission and $5,000 in closing costs. What must the property sell for?
A$299,787
B$303,191✓ Correct
C$305,000
D$308,511
Explanation
Net = Sale Price × (1 − 0.06) − $5,000 = $280,000.
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