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Alia's closing costs are 5% of the price of the house. Her new house costs $120,000. How much will Alia have to pay for closing costs?

Respuesta :

Step 1

The closing costs = 5% of the cost of the house

Step 2

Cost of the house = $120,000

Step 3

[tex]\begin{gathered} Clo\sin g\text{ cost = 5\% of \$120000} \\ =\text{ }\frac{5}{100}\text{ }\times\text{ 120000} \\ =\text{ \$6000} \end{gathered}[/tex]

Final answer

Alia closing costs = $6,000

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