Real Estate Math
A property sells for $325,000. The commission rate is 6%. What is the total commission?
A$16,250
B$19,500✓ Correct
C$18,750
D$22,000
Explanation
Commission = $325,000 × 0.06 = $19,500. To solve this, multiply the relevant values: $325,000 at 6%.. The correct answer is $19,500.. This is a common calculation on the Nebraska real estate exam.
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