Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 06, 2024

A seller wants to net $40,000 from the sales of her property. She must pay off $6000 mortgage and a $500 payment for roof repair.

A seller wants to net $40,000 from the sales of her property. She must pay off $6000 mortgage and a $500 payment for roof repair. She will pay her licenses 7% of the sales price as a commission. What must sale price be to accomplish these goals?

A.$46,500

B.$49,300

C.$49755

D$50,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Personal Finance An Integrated Planning Approach

Authors: Ralph R Frasca

8th edition

136063039, 978-0136063032

More Books

Students also viewed these Finance questions

Question

★★★★★

The fraction of nonreflected radiation that is transmitted through a 5-mm thickness of a transparent material is 0.95. If the thickness is increased to 12 mm, what fraction of light will be...

Answered: 1 week ago

Question

★★★★★

(Bubble Sort) Implement bubble sortanother simple yet inefficient sorting technique. Its called bubble sort or sinking sort because smaller values gradually bubble their way to the top of the vector...

Answered: 1 week ago

Question

★★★★★

=+ 4. Which of the following statements more accurately reflects the principal source of rising inequality in the United States today?

Answered: 1 week ago

Question

★★★★★

Sams Cat Hotel operates 52 weeks per year, 6 days per week, and uses a continuous review inventory system. It purchases kitty litter for $11.70 per bag. The following information is available about...

Answered: 1 week ago

Question

★★★★★

Table 2: Reaction cost and price of each product Reaction Product Reactant requirements (kg) Reaction cost Product price per kg product ! D 0.6 A; 0.4 B 1.5 /kg D 5.0 /kg D 11 E 0.4 A; 0.5 B: 0.1 C...

Answered: 1 week ago

Question

★★★★★

(b) Write the expression log 9+ (log b) (log,,9a) in the form c+ dlog 9, where c and d are integers. [4

Answered: 1 week ago

Question

★★★★★

P.T. is a 35 - year - old male with a three - year history of cluster headache . He presents to the neurology clinic for follow - up . He states that he has not had any headaches for approxi mately...

Answered: 1 week ago

Question

★★★★★

Discuss the equimarginal principle and how it can be applied to resource problems.

Answered: 1 week ago

Question

★★★★★

need help with problems 1-10. Answers only is fine if you want. I'll give helpful rating. Select the correct answer. A ball is thrown vertically from the top of a building. The height of the ball...

Answered: 1 week ago

Question

★★★★★

Find the particular solution of the differential equation satisfying the initial condition y(0) = 5. Answer: y= Your answer should be a function of x. dy + y cos(x) = 3 cos(x) dx

Answered: 1 week ago

Question

★★★★★

What is the quality of services in the market-based approach compared government-based approach? (Please use the HEDIS website for the answer)

Answered: 1 week ago

Previous Question Next Question