Real Estate Math
A Missouri seller lists a home at $289,000. The buyer offers $275,000. The seller counters at $282,500. The buyer accepts. What is the commission at 6%?
A$16,500
B$16,950✓ Correct
C$17,340
D$17,000
Explanation
Final price = $282,500. Commission = $282,500 × 6% = $16,950. To solve this, multiply the relevant values: $289,000 and $275,000 at 6%.. The correct answer is $16,950.. This is a common calculation on the Missouri real estate exam.
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