Real Estate Math
A Chattanooga home sells for $347,500. The seller's agent is paid 3% and the buyer's agent is paid 3%. How much does each agent receive?
A$10,425✓ Correct
B$20,850
C$6,950
D$13,900
Explanation
Each agent's commission = $347,500 × 3% = $10,425. To solve this, multiply the relevant values: $347,500 at 3%..
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