Real Estate Math
A Washington home was listed at $785,000 and sold for $772,000 after 28 days. If the listing broker received 3% of the sale price and the buyer's broker received 2.5%, what are the total commissions paid?
A$42,460✓ Correct
B$43,050
C$44,000
D$45,510
Explanation
Total commission = $772,000 × (3% + 2.5%) = $772,000 × 5.
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