2 years ago

A property is listed for $580,000. The listing agreement promises to

Mathematics

1 answer:

IgorC [24]2 years ago

8 0

Answer:

$26,096

Step-by-step explanation:

property taxes = 31 January + 28 February + 31 March + 30 April + 31 May + 4 June = 155 days

property taxes = (155 days/365 days) x $5,309 = $2,254

agent's commission = 7% x $547,000 = $38,290

seller's net = $547,000 - $480,000 (mortgage) - $38,290 (agent's commission) - $360 (home warranty) - $2,254 (property taxes) = $26,096

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