Real Estate Math
A Montana single-family home sold for $312,000. The buyer's agent received 2.5% and the listing agent received 3% of the sale price. What was the total commission paid by the seller?
A$7,800
B$9,360
C$17,160✓ Correct
D$15,600
Explanation
Buyer's agent commission = $312,000 x 0.025 = $7,800. Listing agent commission = $312,000 x 0.03 = $9,360. Total = $7,800 + $9,360 = $17,160.
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