Real Estate Math
A North Dakota broker deposits $45,000 in trust. Over the month, they disburse $38,000. What is the ending trust balance?
A$3,000
B$5,000
C$7,000✓ Correct
D$10,000
Explanation
Ending balance = Beginning balance + Deposits − Disbursements. Assuming $0 beginning: $45,000 − $38,000 = $7,000.
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