Real Estate Math
A Wisconsin seller's net proceeds from a $350,000 sale after paying a 5.5% commission and $3,500 in closing costs are:
A$309,750
B$326,250✓ Correct
C$327,250
D$330,750
Explanation
Commission: $350,000 × 5.5% = $19,250. Closing costs: $3,500. Net: $350,000 - $19,250 - $3,500 = $327,250. Correct answer is $327,250.
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