DashboardMath & Formulas
Math & Formulas
Every math formula on the Florida RE exam — step-by-step with examples
Math is on the exam. Expect 10–15 math questions. Commission, property tax, proration, and cap rate calculations appear most frequently. You do NOT need to memorize complex formulas — just understand the pattern.
Commission Calculation
Likely on ExamCalculate the total commission earned on a sale.
Commission = Sale Price × Commission Rate
Shortcut
Move decimal 2 places left for %. Then split.
Step-by-Step Process
1
Identify the sale price2
Convert commission rate to decimal (e.g., 6% = 0.06)3
Multiply: Sale Price × Rate = Total Commission4
If split between brokers, divide by the split percentageQuick Reference — Most Tested Math
Commission
Sale Price × Rate %
Property Tax
Assessed Value × (Mills ÷ 1000)
LTV Ratio
Loan Amount ÷ Appraised Value
Cap Rate Value
NOI ÷ Cap Rate = Value
Down Payment
Sale Price × Down Payment %
Section Acres
640 ÷ 4 per quarter section