Real Estate Math
A Maryland agent earns a 3% co-op commission on a $455,000 sale. The agent's broker takes a 30% split. How much does the agent net?
A$4,095
B$9,555✓ Correct
C$10,010
D$13,650
Explanation
Co-op commission = $455,000 × 3% = $13,650. Broker keeps 30% = $4,095. Agent nets 70% = $13,650 × 0.70 = $9,555.
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