Real Estate Math
An Oklahoma broker earns 6% on a $178,000 sale and shares equally with a cooperating broker. The cooperating broker's salesperson receives 55% of that broker's share. How much does the salesperson earn?
A$2,937✓ Correct
B$2,940
C$3,267
D$2,900
Explanation
Total commission = $178,000 x 6% = $10,680. Cooperating broker share = $10,680 / 2 = $5,340.
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