Real Estate Math
A listing agent charges a 6% commission on the first $200,000 and 4% on any amount above $200,000. A property sells for $350,000. What is the total commission?
A$16,000
B$18,000✓ Correct
C$21,000
D$14,000
Explanation
Commission on first $200,000: $200,000 × 0.06 = $12,000.
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