Real Estate Math
A Washington seller lists a home at $659,000. After 3 weeks, an offer comes in at $640,000. The broker's commission is 5.4%. What commission does the broker earn on the accepted offer?
A$34,560✓ Correct
B$35,586
C$36,000
D$37,200
Explanation
Commission = $640,000 × 5.4% = $34,560. To solve this, multiply the relevant values: $659,000 and $640,000 at 5.4%.. The correct answer is $34,560.. This is a common calculation on the Washington real estate exam.
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