Real Estate Math
A commercial property sold for $1,200,000. The buyer's agent earned 2.5% commission. After the managing broker took a 30% split, how much did the buyer's agent personally receive?
A$21,000✓ Correct
B$30,000
C$36,000
D$42,000
Explanation
Total commission = $1,200,000 × 2.5% = $30,000.
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