Answer :
the answer is $3,960
you multiply 220,000 by 0.03 to get the amount the broker takes which is $6,600
you then multiply 6,600 by 0.60 to get the amount the agent receives, being $3,960
you multiply 220,000 by 0.03 to get the amount the broker takes which is $6,600
you then multiply 6,600 by 0.60 to get the amount the agent receives, being $3,960