Real Estate Math
A seller lists a property for $489,000. After negotiation, the price is reduced by 3%. What is the final sale price?
A$474,330✓ Correct
B$472,830
C$475,330
D$476,430
Explanation
$489,000 × (1 − 0.03) = $489,000 × 0.97 = $474,330. To solve this, multiply the relevant values: $489,000 at 3%.. The correct answer is $474,330.. This is a common calculation on the Oregon real estate exam.
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