Solve.Kimberly Ann takes out a loan on a fixer-upper house. She then spends $3794 in repairs and improvements. She sells the house for $88,210 but pays the new owners $1375 in closing costs. If the pay-off for the loan that she took out to buy the house is $73,824, what is her net? Is it profit or loss?

A. -$164,458, profit
B. $9217, profit
C. -$164,453, loss
D. -$72,449, profit


Answer: B

Mathematics

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