Real Estate Math
A property sold for $265,000 at 5.5% commission. The listing and selling brokers split the commission equally and each broker pays their salesperson 50%. How much does the selling salesperson earn?
A$3,644
B$3,859
C$7,288✓ Correct
D$7,719
Explanation
Total commission = $265,000 × 0.055 = $14,575.
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