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iragen [17]
3 years ago
15

Seller Andy require a 2.5% deposit on all offers. Buyer josh wants to offer $452,000 for the property. The property was appraise

d at $465,000. What must the earnest money deposit be if Josh presents his current offer?
Mathematics
1 answer:
arlik [135]3 years ago
7 0

Answer: $11,300

Step-by-step explanation:

Given the following :

Buyer Josh's offering price = $452,000

Required deposit rate = 2.5%

Earnest money deposit is the product of :

Offering price × required deposit accepted

$452,000 × 2.5%

$452,000 × 0.025 = $11,300

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The diameter of the new rubber ball, to the nearest foot, must be D =  4.0 ft (in the case of the maximum cost).

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Remember that for a sphere of diameter D, the surface area is:

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In this case, the cost is $0.02 per square foot, and the company wants to expend (at maximum) $1 per ball, so first we need to solve:

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So the surface of the ball must be 50 square feet.

Then we solve:

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D = 2*√(50 ft^2/(4*3.14)) = 4.0 ft

If you want to learn more about spheres, you can read:

brainly.com/question/10171109

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2 years ago
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Answer:

Step-by-step explanation:

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