Real Estate Math
A NC broker earned a total of $45,000 in commissions last year. Their monthly business expenses averaged $1,200. What were their annual net earnings before personal taxes?
A$30,600✓ Correct
B$28,800
C$33,600
D$43,800
Explanation
Annual expenses = $1,200 × 12 = $14,400. Net earnings = $45,000 – $14,400 = $30,600.
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