Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

7. The owners want to make a 15 percent profit on the sale of their house after paying a 6 percent broker's fee. Their cost

image text in transcribed

image text in transcribed
7. The owners want to make a 15 percent profit on the sale of their house after paying a 6 percent broker's fee. Their cost was $400,000. What will their sales price have to be (rounded to the near est dollar)? a. $429,360 b. $460,000 c. $489,362 d. $498,360

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Matlab With Applications To Mathematics, Science, Engineering, And Finance

Authors: Jose Miguel David Baez Lopez, David Alfredo Baez Villegas

1st Edition

1351856162, 9781351856164

More Books

Students also viewed these Mathematics questions

Question

Suppose that the relation R is symmetric. Show that R is symmetric.

Answered: 1 week ago

Question

A greater tendency to create winwin situations.

Answered: 1 week ago

Question

Improving creative problem-solving ability.

Answered: 1 week ago