Given the Following Information,calculate the Leasing Agent's Commission in Dollar

question 1

Multiple Choice

Given the following information,calculate the leasing agent's commission in dollar terms.Lease Term: 10 years,Monthly Rent: $5,000,Commission: 3%.

• A)$150
• B)$1,500
• C)$1,800
• D)$18,000

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Definitions:

Less Than

A comparative term used to indicate that one quantity or number is smaller than another.

Z-scores

A numerical indicator showing how a specific value compares to the average of a set of numbers, expressed by how many standard deviations it is from the average.

Standard Normal Distribution

A normal distribution with a mean of 0 and a standard deviation of 1, used as a basis for comparison in statistical analysis.

Greater Than

A mathematical comparison indicating that one quantity is larger than another.