Alpha realty's policy manual states that it charges a 6% commision and it offers a 3% cooperative fee to any selling brokerage. A licensee from beta realty represents a buyer who purchased a property listed by Alpha for 450000 Beta paid the buyer's licensee 55% how much was the buyer licensee paid? A.6075 B.7425 C.13,500 14,850

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Alpha realty's policy manual states that it
charges a 6% commision and it offers a 3%
cooperative fee to any selling brokerage. A
licensee from beta realty represents a buyer
who purchased a property listed by Alpha for
450000 Beta paid the buyer's licensee 55%
how much was the buyer licensee paid?
A.6075
B.7425
C.13,500
14,850
Transcribed Image Text:Alpha realty's policy manual states that it charges a 6% commision and it offers a 3% cooperative fee to any selling brokerage. A licensee from beta realty represents a buyer who purchased a property listed by Alpha for 450000 Beta paid the buyer's licensee 55% how much was the buyer licensee paid? A.6075 B.7425 C.13,500 14,850
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