Maram is a real estate agent. She earns 6.5% commission on each sale she makes. Last month
Question:
Maram is a real estate agent. She earns 6.5% commission on each sale she makes. Last month she sold one house for $250,000 and another for $310,000. What did Maram earn in commissions for the month?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
We will find the commision for each sales she made Commisio...View the full answer
Answered By
Dorcus Mwamisi
I've much experience in tutoring
I've tutored a lot of students in my field of works and they have done greatly in their academics
I
0.00
0 Reviews
10+ Question Solved
Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
Question Posted:
Students also viewed these Mathematics questions
-
Is a real estate agent a typical agent? Explain.
-
A real estate agent has 8 master keys to open several new homes. Only 1 master key will open any given house. If 40% of these homes are usually left unlocked, what is the probability that the real...
-
A real estate agent notices that houses with fireplaces often fetch a premium in the market and wants to assess the difference in sales price of 60 homes that recently sold. The data and summary are...
-
On September 1, 2025, Swifty Corporation acquired Windsor Enterprises for a cash payment of $800,000. At the time of purchase, Windsor's balance sheet showed assets of $570,000, liabilities of...
-
The Lottaburger restaurant chain in central New Mexico is conducting an analysis of its restaurants, which take pride in serving burgers and fries to go faster than the competition. As a part of its...
-
A raw egg dropped to the floor breaks upon impact. However, a raw egg dropped onto a thick foam rubber cushion from a height of about 1 m rebounds without breaking. Why is this possible? If you try...
-
A _______________ interval estimates the mean y-value for all individuals with a given x-value. In Exercises 3 and 4, fill in each blank with the appropriate word or phrase.
-
Prior to the start of fiscal 2013, managers of MultiTech hosted a web conference for its shareholders, financial analysts, and members of the financial press. During the conference, the CEO and CFO...
-
a) Find the first derivative. Based on your answer, discuss the function in terms of being increasing/decreasing, its convex or concave properties. b) Find the second derivative. Based on your...
-
The comparative balance sheets of Constantine Cavamanlis Inc. at the beginning and the end of the year 2020 are as follows. Net income of $44,000 was reported, and dividends of $23,000 were paid in...
-
An author writes a computer self-help manual that sells for x dollars each. He received a bonus of $1,000 to sign with his publisher, and he receives 10% commission on each book sale. Express the...
-
Ruth contributes 18% of the total cost of her individual health care. This is a $67.50 deduction from each of her biweekly paychecks. What is the total value of her individual coverage for the year?
-
Determine whether the statement is true or false. If it is true, explain why. If it is false, explain why or give an example that disproves the statement. If f is continuous on [0, 1], then 12 SCT...
-
Do you think the minimum wage should be set to $15 nationally, as has been under discussion for the last few years? What role do price elasticities play in your thinking?
-
Del Gato Clinic's cash account shows an $14,180 debit balance and its bank statement shows $13,236 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $1,502. b....
-
Caspar provided a hypothetical game which offered a positive expected payoff. He related this to poker and other decisions under uncertainty. What did you take away from this example and how could it...
-
Suppose you're the CEO of Pigh-am-Tech, and suppose you're trying to decide whether to invest 1 million dollars in machines or not. Suppose that when you spend the 1 million dollars, you will obtain...
-
Determine the CPOS expression corresponding to the function table of Figure 1. Write the expression both in terms of the variable literals and as a maxterm list. What SSI gates would be needed to...
-
Explain the mechanisms of pupil constriction and pupil dilation.
-
A heat engine has a heat input of 3 Ã 104 Btu/h and a thermal efficiency of 40 percent. Calculate the power it will produce, in hp. Source 3 x 10 Btu/h 40% HE Sink
-
If the mean plasma-aldosterone level in African American children was 230 pmol/L with a standard deviation of 203 pmol/L, then what percentage of African American children have levels 300 pmol/L if...
-
If the mean plasma-aldosterone level in Caucasian children is 400 pmol/L with standard deviation of 218 pmol/L, then what percentage of Caucasian children have levels 300 pmol/L if normality is...
-
The distribution of plasma-aldosterone concentration in 53 Caucasian and 46 African American children is shown in Figure 5.22. Does the assumption of normality seem reasonable? Why or why not? Figure...
-
Time Value of Money calculations are a great way to figure out how much payments will be on loans or how much we need to save over time to achieve our financial goals. The calculation always uses the...
-
Dawson Toys, Limited, produces a toy called the Maze. The company has recently created a standard cost system to help control costs and has established the following standards for the Maze toy:...
-
Employer sponsored health care coverage create situation in which health insurers face high moral hazard. a. Graphically describe how health insurance creates this moral hazard. In your answer,...
Study smarter with the SolutionInn App