Real Estate Math
A Nebraska seller will net $180,000 after paying 6% commission and $5,200 in closing costs. What must the property sell for (rounded to nearest dollar)?
A$196,489✓ Correct
B$194,000
C$195,745
D$197,340
Explanation
Net + closing = $180,000 + $5,200 = $185,200. Sale price = $185,200 ÷ 0.
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