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3. A home sells for $550,000 with a real estate commission of 5 percent split evenly between the buyer's agent and the seller's agent. How

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3. A home sells for $550,000 with a real estate commission of 5 percent split evenly between the buyer's agent and the seller's agent. How much commission does each agent receive? $11,000 $13,750 $27,500 O $275,000 O None of the above

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