PLEASE ANSWER ALL THE QUESTIONS

A real estate salesperson sold a lot for $31,000. If the brokers commission was 6% and the salesperson was to receive 45% of the total commission for selling the property, the salesperson would receive;

Group of answer choices

a. $1,001.00

b. $1,860.00

c. $959.95

d. $837.00

A second trust deed of $1,000 was to be paid in annual installments of $300 plus 9% interest, with a balloon payment of the balance at the end of the third year. The loan balance after the second annual installment had been paid was;

Group of answer choices

a. $400.00

b. $424.00

c. $515.60

d. $561.10

A $5,000 land contract of sale is payable on a principle reduction plan of $50 per month with interest at 10% per annum. Based on these figures, how long will it take to amortize the loan?

Group of answer choices

a. 100 months

b. 7 years

c. 10 years and 8 months

d. the answer cannot be determined