Real Estate Math
A Hawaii agent earns a 6% commission on a $480,000 sale and splits it 50/50 with the cooperating broker. What does each broker receive?
AA. $28,800
BB. $14,400✓ Correct
CC. $48,000
DD. $24,000
Explanation
Total commission: $480,000 × 0.06 = $28,800. Each broker receives $28,800 / 2 = $14,400. To solve this, multiply the relevant values: $480,000 at 6%.. The correct answer is B. $14,400.. This is a common calculation on the Hawaii real estate exam.
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