Real Estate Math
A real estate agent earns a 3% buyer's agent commission on a $412,000 sale. They split 30% with their broker. How much does the broker receive?
A$3,708✓ Correct
B$4,120
C$8,652
D$12,360
Explanation
Total buyer's agent commission = 3% × $412,000 = $12,360. Broker's share = 30% × $12,360 = $3,708.
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