A real estate licensee draws $1,000 per month from her broker against future commissions. Last year, she sold $2,000,000 worth of property. If she makes 3% gross commissions on all sales, how much did she earn last year?

Name: A real estate licensee draws $1,000 per month from her broker against future commissions. Last year, she sold $2,000,000 worth of property. If she makes 3% gross commissions on all sales, how much did she earn last year?
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Question

Quizplus · Accepted Answer

2,000,000 × .03 = 60,000.

A Real Estate Licensee Draws $1,000 Per Month from Her