Real Estate Math
A Wisconsin property sold for $420,000 with a 5% commission. The cooperating buyer's broker received half the commission. How much did the buyer's broker receive?
A$9,000
B$10,500✓ Correct
C$12,600
D$21,000
Explanation
Total commission = $420,000 × 5% = $21,000. Buyer's broker half = $21,000 / 2 = $10,500.
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