lilobekker6976
11.01.2021 •
Business
A seller wants to net $100,000 after paying the broker 5% and paying off his loan balance of $200,000. He will also pay documentary stamps on the deed of $2100. What must the property sell for to cover all costs and net the seller his desired amount
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Ответ:
$318,000
Explanation:
The amount that the property must sell to cover all costs and net the seller his desired amount would be:
= ($100,000 + $200,000 + $2100) / (100% - 5%)
= $302,100 / 95%
= $302,100 / 0.95
= $318,000.
Ответ:
hope this (;