Math Deck

Question 1

Two lots have a combined total $430,000. The larger lot is worth 30% more than the smaller one. How much is the smaller lot?

Answer 1

$186,956.52

Question 2

A seller wants to net $155,000 from sale of their home. They will give your company a listing and pay 6% commission. Closing cost should be $2,200. What must be the listed price to net $155,000.

Answer 2

$167,234.04

Question 3

A property is now worth $84,500. It has depreciated for the last 5 years at 4% per year. What was the value of the property 5 years ago?

Answer 3

$105,625

Question 4

You sell the back 200 feet of a parcel that is 330 feet by 660 feet. How much did you receive if you get $3.30 per square foot?

Answer 4

$217,800