Real Estate Math
A Nashville condominium has monthly HOA dues of $325. The buyer wants to know the annual cost. What is the total annual HOA expense?
A$3,250
B$3,900✓ Correct
C$4,550
D$3,575
Explanation
Annual HOA dues = $325 × 12 = $3,900. Using the values given ($325), apply the appropriate formula..
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