You are about to list your house as For Sale By Owner. Suppose you need to allow
for a 3% commission for the buyer's realtor, and you need to receive a minimum of
$92,500 on the sale. What is the minimum price you can list the house at to
accommodate both of these requirements? Round to the nearest hundred dollars.

$89,725

$95,275

$95,400

$95,000

Question

04-09-2022
Mathematics

Answered

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You are about to list your house as For Sale By Owner. Suppose you need to allow
for a 3% commission for the buyer's realtor, and you need to receive a minimum of
$92,500 on the sale. What is the minimum price you can list the house at to
accommodate both of these requirements? Round to the nearest hundred dollars.

$89,725

$95,275

$95,400

$95,000

Sagot :

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