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kenny6666 [7]
3 years ago
5

"i don't like to call it killing; i prefer to call it ‘enemy processing'" is an example of

Business
1 answer:
klio [65]3 years ago
7 0
Is this a question or what is this.
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Your seller wants to net $100,000 after the 5% commission is paid. Assuming no closing costs, at what price does the home need t
AleksandrR [38]

Answer:

The home needs to sell for $105,263.16 for the seller to receive net of $100,000.00

Explanation:

The amount that the home needs to sell can derived from the net to seller's formula given as: Net to seller = Sale Price * (100% - commission rate)

Net to seller=$100000

Sale price is unknown

commission rate is 5%

$100000=sale price*(100%-5%)

$100000=sale price *95%

sale price =$100000/95%

sale price =$105263.16

For the seller to receive $100000 after 5% commission the property must e sold for $105,263.16

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Most of us have similar values, but we might put them in vastly different orders of importance.
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