Real Estate Math
A seller in Indiana wants to net $210,000 after paying a 6% commission. What minimum sales price must be achieved?
A$222,600
B$223,404✓ Correct
C$223,000
D$210,000
Explanation
Net ÷ (1 − commission rate) = $210,000 ÷ 0.94 = $223,404.
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