Real Estate Math
A Maine home's list price is $598,000. After 90 days with no offers, the seller agrees to a 6% price reduction. What is the new list price?
A$558,120
B$560,120
C$562,120
D$562,880✓ Correct
Explanation
Reduction = $598,000 × 6% = $35,880. New price = $598,000 − $35,880 = $562,120.
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