Real Estate Math
A seller in Salt Lake City needs to net $350,000 after paying a 6% commission and $8,000 in other closing costs. What minimum sale price must be achieved?
A$358,000✓ Correct
B$376,596
C$382,979
D$374,468
Explanation
Net = SP × (1 − 0.06) − $8,000 = $350,000.
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