Real Estate Math
An agent earns a 3% commission on the sale of a $475,000 home. How much commission does the agent earn?
A$11,250
B$14,250✓ Correct
C$15,500
D$19,000
Explanation
Commission = $475,000 × 3% = $14,250. To solve this, multiply the relevant values: $475,000 at 3%.. The correct answer is $14,250.. This is a common calculation on the Georgia real estate exam.
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