Real Estate Math
An agent receives a 30% referral fee from their broker on a $9,000 commission. How much does the agent receive?
A$2,700✓ Correct
B$6,300
C$3,000
D$1,800
Explanation
Referral fee to agent = $9,000 × 30% = $2,700. To solve this, multiply the relevant values: $9,000 at 30%.. The correct answer is $2,700.. This is a common calculation on the Arkansas real estate exam.
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