Sidekick Pages 39-44

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Transcription:

Sidekick Pages 39-44

Problem 1, page 39 1. Jonny Paycheck s property sold for $260,000 with 30% profit. What did he have invested? 260,000

Problem 1, page 39 1. Jonny Paycheck s property sold for $260,000 with 30% profit. What did he have invested? 260,000 1.30

Problem 1, page 39 1. Jonny Paycheck s property sold for $260,000 with 30% profit. What did he have invested? 260,000 1.30 200,000

Problem 2, page 39 2. How much was invested to buy a lot that sold for $126,000 and gave the owner a 40% profit? 126,000

Problem 2, page 39 2. How much was invested to buy a lot that sold for $126,000 and gave the owner a 40% profit? 126,000 1.40

Problem 2, page 39 2. How much was invested to buy a lot that sold for $126,000 and gave the owner a 40% profit? 126,000 1.40 90,000

Problem 3, page 39 3. How much did Gerhard Wankel invest in a property he sold for $252,000 with a 20% profit? 252,000

Problem 3, page 39 3. How much did Gerhard Wankel invest in a property he sold for $252,000 with a 20% profit? 252,000 1.20

Problem 3, page 39 3. How much did Gerhard Wankel invest in a property he sold for $252,000 with a 20% profit? 252,000 1.20 210,000

1. Martin Sikorski would like to net $180,000 from the sale of his 8 acre tract after paying Caldwell Realty a 10% commission. What will the sale price have to be? 180,000

1. Martin Sikorski would like to net $180,000 from the sale of his 8 acre tract after paying Caldwell Realty a 10% commission. What will the sale price have to be? 180,000.90

1. Martin Sikorski would like to net $180,000 from the sale of his 8 acre tract after paying Caldwell Realty a 10% commission. What will the sale price have to be? 180,000.90 200,000

2. Branden Real Estate is charging 6% to sell Tanya Tartabul s house. She needs to net $110,000 and will have $2,800 in other expenses. What will the sales price be?.94

2. Branden Real Estate is charging 6% to sell Tanya Tartabul s house. She needs to net $110,000 and will have $2,800 in other expenses. What will the sales price be? 110,000 + 2,800 = 112,800.94

2. Branden Real Estate is charging 6% to sell Tanya Tartabul s house. She needs to net $110,000 and will have $2,800 in other expenses. What will the sales price be? 110,000 + 2,800 = 112,800.94 120,000

3. The sale of the Nesbitt family home involves a 7% commission to McKee Properties. The Nesbitts have to have $80,000 from the sale after paying off their mortgage of $65,000 and other expenses of $3,800. How much must the house sell for?.93

3. The sale of the Nesbitt family home involves a 7% commission to McKee Properties. The Nesbitts have to have $80,000 from the sale after paying off their mortgage of $65,000 and other expenses of $3,800. How much must the house sell for? 80,000 + 65,000 + 3,800 = 148,800.93

3. The sale of the Nesbitt family home involves a 7% commission to McKee Properties. The Nesbitts have to have $80,000 from the sale after paying off their mortgage of $65,000 and other expenses of $3,800. How much must the house sell for? 80,000 + 65,000 + 3,800 = 148,800.93 160,000

4. Opulent Realty and Wesley Snipes have agreed on a 5% commission to sell a small office building. How much will the sales price need to be if Wesley has to pay off a $220,000 mortgage, $2,500 in other expenses and net $110,000?.95

4. Opulent Realty and Wesley Snipes have agreed on a 5% commission to sell a small office building. How much will the sales price need to be if Wesley has to pay off a $220,000 mortgage, $2,500 in other expenses and net $110,000? 220,000 + 2,500 + 110,000 = 332,500.95

4. Opulent Realty and Wesley Snipes have agreed on a 5% commission to sell a small office building. How much will the sales price need to be if Wesley has to pay off a $220,000 mortgage, $2,500 in other expenses and net $110,000? 220,000 + 2,500 + 110,000 = 332,500.95 350,000

5. A one acre lot is being sold by Fox Country Realty with a 9% commission rate. The owner must net $30,000 after paying off a $14,000 loan on the property and $1,500 in expenses. What would the sales price have to be?.91

5. A one acre lot is being sold by Fox Country Realty with a 9% commission rate. The owner must net $30,000 after paying off a $14,000 loan on the property and $1,500 in expenses. What would the sales price have to be? 30,000 + 14,000 + 1,500 = 45,500.91

5. A one acre lot is being sold by Fox Country Realty with a 9% commission rate. The owner must net $30,000 after paying off a $14,000 loan on the property and $1,500 in expenses. What would the sales price have to be? 30,000 + 14,000 + 1,500 = 45,500.91 50,000