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Ann and the Real Estate Agent

Contributed by Roque A. Estevez

puzzle : Ann's house

Ann purchased a house for $ 197217. She wants to sell it for a profit of exactly 15%. However, she does not want to sell it herself. She wants a Real Estate Agent to sell it for her. The Agent must make a commission of exactly 5.5% (in addition to Ann's 15% profit). How much must the Agent sell the house for? Give your answer to the nearest dollar.  


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