Real Estate Math
A Hawaii agent sold 12 properties at an average price of $650,000 earning an average 2.5% commission per side. What was the agent's total annual commission income?
AA. $195,000✓ Correct
BB. $156,000
CC. $130,000
DD. $182,000
Explanation
Total commission = 12 × $650,000 × 0.025 = $195,000.
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