Real Estate Math
A property has a list price of $350,000. After 60 days it sells for 97% of the list price. The listing agent earns 3% and the buyer's agent earns 2.5% of the sale price. How much does the buyer's agent earn?
A$8,487.50✓ Correct
B$8,750
C$9,537.50
D$10,500
Explanation
Sale price: $350,000 × 0.97 = $339,500.
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