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Please help me with this question. The answer is $745,000 but I need working out.

Please help me with this question. The answer is $745,000 but I need working out.-example-1

1 Answer

1 vote

Answer:

745,000

Explanation:

200,000x.03= 6000

150,000x.025=3,750

Commission. 2,350

total. 12,100

total fees. 20,000

less above. 12,100

=.remaining fees 7,900

divide by .02(2% commission)

=remaining sales price 395,000

tier 1 200000

tier 2 150000

tier 3 395,000 (calculated above)

=. 745,000 sales price

User Hemisphera
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