Real Estate Math
A Massachusetts agent receives a 3% commission on a $640,000 sale. The agent's broker takes 40% and the agent keeps 60%. How much does the agent earn?
A$11,520✓ Correct
B$19,200
C$7,680
D$12,800
Explanation
Total commission = $640,000 × 3% = $19,200. Agent's share = $19,200 × 60% = $11,520.
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