Real Estate Math
An agent earns a 3.5% commission on a Missouri sale of $385,000. What is the commission?
A$11,550
B$13,475✓ Correct
C$16,025
D$9,625
Explanation
Commission = $385,000 × 3.5% = $13,475. To solve this, multiply the relevant values: $385,000 at 3.5%.. The correct answer is $13,475.. This is a common calculation on the Missouri real estate exam.
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