Real Estate Math
A Virginia agent lists a home for $389,000. Buyers typically offer 96% of list in this market. What offer amount should the agent suggest is typical?
A$369,550
B$373,440✓ Correct
C$375,000
D$380,000
Explanation
Typical offer = $389,000 × 96% = $373,440. To solve this, multiply the relevant values: $389,000 at 96%..
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