Real Estate Math
A broker earns a 3.5% commission on a $445,000 sale. The broker splits the commission 55% to the listing salesperson and 45% to the buyer's salesperson. How much does the listing salesperson earn?
A$8,535.25
B$8,563.25
C$8,586.25✓ Correct
D$8,663.25
Explanation
Total commission = $445,000 × 3.5% = $15,575.
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