Real Estate Math
A Wisconsin broker receives a total commission of $18,000 on a transaction. The cooperating broker receives 45% of the total. The selling agent earns 55% of the cooperating broker's share. What does the selling agent earn?
A$4,455✓ Correct
B$4,950
C$5,445
D$9,900
Explanation
Cooperating broker's share = $18,000 × 45% = $8,100. Selling agent = $8,100 × 55% = $4,455. To solve this, multiply the relevant values: $18,000 at 45%.. The correct answer is $4,455.. This is a common calculation on the Wisconsin real estate exam.
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