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A property rents for $1,200 per month. The salesperson receives 35% for the first month's rent and 3.5% of the remainder of the year. The
A property rents for $1,200 per month. The salesperson receives 35% for the first month's rent and 3.5% of the remainder of the year. The rent increases 4% per year for the next 3 years, and the salesperson receives 4% commission per year. What is the total commission paid to the salesperson? Please show all steps.
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