Real Estate Math
A Utah seller receives a full-price offer of $330,000. They owe $210,000 on the mortgage. After paying a 6% commission, what are their gross proceeds before other closing costs?
A$100,200✓ Correct
B$120,000
C$310,200
D$119,800
Explanation
Commission = $330,000 × 0.06 = $19,800.
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