Real Estate Math
A broker lists a property for $620,000. After a price reduction of 4%, the property sells. The commission is 5.5% of the actual sale price. What is the commission?
A$32,736✓ Correct
B$34,100
C$32,706
D$28,985
Explanation
Sale price = $620,000 × (1 − 0.04) = $620,000 × 0.
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