What is the sales associate's commission share if they receive 70% of a $6,000 commission?

Prepare for the Magnolia Real Estate State Exam. Study with flashcards and multiple choice questions, each with hints and explanations. Ace your exam with confidence!

To determine the sales associate's commission share from a total commission of $6,000 at a rate of 70%, one must calculate 70% of the total amount. This can be done by multiplying the total commission by the percentage received as a decimal.

First, convert 70% to a decimal, which equals 0.70. Next, multiply the total commission of $6,000 by 0.70:

[

6,000 \times 0.70 = 4,200

]

This calculation shows that the sales associate's commission share is $4,200, which corresponds to the amount they will receive from the commission after their share is accounted for. The other options represent amounts that do not reflect a 70% share of the $6,000 commission.

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