Multiple Choice
Suppose you are interested in selling your home and would like to clear a net value of $300,000. If you have agreed to pay your broker a commission of 5.5% (no matter who ultimately is responsible for finding the buyer) , what price must you sell the home for in order to meet your net profit (rounded to the nearest dollar) ?
A) $282,540
B) $300,000
C) $316,500
D) $317,460
Correct Answer:
Verified
Correct Answer:
Verified
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