Real Estate Math
A Massachusetts broker earns a 5.5% commission on the sale of a $740,000 property. If the listing and selling sides split the commission equally, how much does each side receive?
A$20,350✓ Correct
B$40,700
C$18,500
D$22,200
Explanation
Total commission = $740,000 × 5.5% = $40,700.
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