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Exam (elaborations)

CA Real Estate Exam 2022/2023 Practice Rated A

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How many square feet in one acre? There are 43,560 square feet in an acre Mr. and Mrs. Conners sold their home and paid an 8% commission to their realtor. Assuming no other fees, if they walked away from the sale with $306,000, about how much did their house sell for? $332,600 To solve this problem, set up an equation using P for the answer you seek: You know that the seller walked away with $306,000. If the agent was to take 8% of the selling price (P), then the seller received 92% of the selling price. So, the equation would look like this: Amount seller received (306,000) = P (selling price) x 92% (0.92) 306,000 = P x 0.92 To isolate P (the unknown) on one side, divide both sides of the equation by 0.92 and you have: 306,0000.92=P Divide and you have the actual answer: 332,608.695 etc. Notice that the question says "about," so round to find the correct answer among the choices given: $332,600 Which of the following is a violation of the Fair Housing act? not allowing a service dog in an apartment complex that doesn't allow pets

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Institution
CA Real Estate
Course
CA Real Estate

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Uploaded on
September 8, 2023
Number of pages
49
Written in
2023/2024
Type
Exam (elaborations)
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