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Flashcards in Math Deck Deck (4)
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1
Q

Two lots have a combined total $430,000. The larger lot is worth 30% more than the smaller one. How much is the smaller lot?

A

$186,956.52

2
Q

A seller wants to net $155,000 from sale of their home. They will give your company a listing and pay 6% commission. Closing cost should be $2,200. What must be the listed price to net $155,000.

A

$167,234.04

3
Q

A property is now worth $84,500. It has depreciated for the last 5 years at 4% per year. What was the value of the property 5 years ago?

A

$105,625

4
Q

You sell the back 200 feet of a parcel that is 330 feet by 660 feet. How much did you receive if you get $3.30 per square foot?

A

$217,800