The listing and the selling broker agree to split a 7 percent commission 50-50on a $196,900 sale. The listing broker gives the listing salesperson 30 percent of his commission, and the selling broker gives the selling salesperson 35 percent of his commission. How much does the selling salesperson earn from the sale?

A) $4,824.05
B) $1,174.78
C) $1,206.01
D) $2,412.03

Answer: D) $2,412.03

Business

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Indicate whether the statement is true or false

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