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Lisa bought a house for $70,000 and paid closing costs equal to 2 perc
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19 Jan 2023, 10:35
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Question Stats:
50% (01:13) correct
50% (01:51) wrong based on 2 sessions
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Lisa bought a house for $70,000 and paid closing costs equal to 2 percent of the purchase price. Later Lisa sold the house for $82,000 and paid a broker's commission equal to 10 percent of the selling price. What was Lisa's profit from the two transactions?
A. $2,160 B. $2,400 C. $3,600 D. $3,800 E. $12,000