A property is listed for $210,000. The seller's loan balance of $100,000 is to be paid at closing. Closing cost are estimated at $2000 and the seller agrees to pay a 6% commission. If the property sells for $200,000, what will be the net proceeds to the seller?
A. $86,000.
B. $92,000.
C. $98,000.
D. $100,000.
Answer: A. $86,000.
Business
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