Real Estate Math
A Wyoming home is listed for $325,000. The seller agrees to pay 6% commission. The home sells for 98% of list price. How much commission does the broker receive?
A$18,000
B$19,110✓ Correct
C$19,500
D$20,000
Explanation
Sale price = $325,000 × 98% = $318,500. Commission = $318,500 × 6% = $19,110.
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