Real Estate Math
A NH agent earns a 3% buyer's agent commission on a $415,000 sale. The agent's brokerage retains 30% and the agent keeps 70%. How much does the agent earn?
A$8,715✓ Correct
B$12,450
C$3,735
D$4,150
Explanation
Total commission = 3% × $415,000 = $12,450. Agent's share = 70% × $12,450 = $8,715. To solve this, multiply the relevant values: $415,000 at 3%.. The correct answer is $8,715.. This is a common calculation on the New Hampshire real estate exam.
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