A purchase price is $400,000 and the buyer wishes to apply $30,000 as a down payment. The seller is offering a 3% seller’s concession. What is the value of the seller’s concessions?
A. $900
B. $11,100
C. $12,000
D. $10,000
Answer:C
A purchase price is $400,000 and the buyer wishes to apply $30,000 as a down payment. The seller is offering a 3% seller’s concession. What is the value of the seller’s concessions?
A. $900 B. $11,100 C. $12,000 D. $10,000