Real Estate Math
A property manager collected $42,000 in rent last month and charges a 7% management fee. What is the fee?
A$2,520
B$2,800
C$2,940✓ Correct
D$3,150
Explanation
$42,000 x 7% = $2,940. To solve this, multiply the relevant values: $42,000 at 7%..
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