Real Estate Math
A Massachusetts agent earns a $24,750 commission. Their broker retains 45% as a desk fee. What does the agent net?
A$13,612.50✓ Correct
B$11,137.50
C$24,750
D$12,375
Explanation
Agent retains 55% of the commission (after 45% desk fee). Net = $24,750 × 0.55 = $13,612.50. To solve this, multiply the relevant values: $24,750 at 45%.. The correct answer is $13,612.50.. This is a common calculation on the Massachusetts real estate exam.
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