Real Estate Math
An Iowa buyer offers $262,500 for a home. The seller counters at $275,000. They agree to split the $12,500 difference evenly. What is the final sale price?
A$266,250
B$268,750✓ Correct
C$270,000
D$272,500
Explanation
Difference = $275,000 − $262,500 = $12,500. Split = $12,500 ÷ 2 = $6,250.
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