Solve the problem.Margaret takes out a loan on a fixer-upper house. She then spends $4971 in repairs and improvements. She sells the house for $82,290. If the pay-off for the loan that she took out to buy the house is $70,056, what is her net? Is it profit or loss?

A. -$17,205, loss
B. $157,317, profit
C. $17,205, profit
D. $7263, profit


Answer: D

Mathematics

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