Real Estate Math
A real estate agent earns $48,000 in commissions in one year. If they work 8 months of the year with an average of 2 closings per month, what is their average commission per closing?
A$2,000
B$3,000✓ Correct
C$4,000
D$6,000
Explanation
Total closings = 8 months × 2 closings = 16 closings. Average commission = $48,000 ÷ 16 = $3,000. Using the values given ($48,000), apply the appropriate formula.. The correct answer is $3,000.. This is a common calculation on the Arizona real estate exam.
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