Lawrin is a real-estate salesperson whose compensation is commission-only. She earns a 3% commission on the sale
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Question:
Lawrin is a real-estate salesperson whose compensation is commission-only. She earns a 3% commission on the sale price of each house that she sells and receives 1.5% commissions at the end of each month (the broker retains the rest per the employment agreement). During the month of July, Lawrin sold two houses totaling $385,420. What is her gross pay for the month of July?
A) $11,562.00
B) $5,620.00
C) $5,781.30
D) $8,623.50
Related Book For
Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
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