Question
O. A seller wanted to net $20,000 on the sale of property. The seller had a first mortgage on the property of $61,800. The
O. A seller wanted to net $20,000 on the sale of property. The seller had a first mortgage on the property of $61,800. The broker charged a 7% commission with the seller also having to pay $2,000 in closing costs. What does the sale price have to be?
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
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