📕 x Module Eleven: Real Estate Calculations
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1. QuestionAna, John, and Jim bought together a property worth $675,000. John put up $337,500, Ana put up 25%. How much money did Jim have to come up with?CorrectIncorrect
2. QuestionJohn bought a rental apartment building for $215,000. The assessed value is $205,000. The tax rate is $1.50 per 100 of assessed value. What is the monthly tax?CorrectIncorrect
3. QuestionAna bought a home for $165,000. Her assessed value is $160,000. She is taxed 2.25 for every 100 of assessed value. What is her monthly tax due?CorrectIncorrect
4. QuestionA broker received a commission of 6% of the selling price from his client. The commission was $9720. The sales price of the property wasCorrectIncorrect