Real Estate Math
A Kentucky property's listed price is $289,000. The seller agrees to pay 3% of the purchase price as a buyer's closing cost concession. How much does the seller concede?
A$5,780
B$7,250
C$8,670✓ Correct
D$10,000
Explanation
Seller concession = $289,000 × 3% = $8,670. To solve this, multiply the relevant values: $289,000 at 3%..
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