Real Estate Math
A buyer's agent in Missouri earns 3% of the sales price. The home sold for $320,000. What is the agent's commission?
A$6,400
B$9,600✓ Correct
C$12,800
D$16,000
Explanation
Commission = $320,000 × 3% = $9,600. To solve this, multiply the relevant values: $320,000 at 3%.. The correct answer is $9,600.. This is a common calculation on the Missouri real estate exam.
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