Answer:
The real estate agent's commission is $9,000
Explanation:
Selling price= $750,000
6% commission = $45,000
Listing broker's share from the commission (50/50) = $22,500
Buyers broker's share from the commission (50/50) =$22, 500.
Real Estate agent's share from the buyers broker's commission is 40% of $22,500.
So we need to find the real agent's share.
(40/100) * 22,500
2/5 * 22,500
= $9,000.
Therefore,the real estate agent's share is $9,000.
Answer:
Returns
Explanation:
Returns on an investor is the amount of profit or gain an outlay of cash is able to bring at the end of a period.
Rate of returns on invested funds is used as a yardstick by potential investors in deciding which enterprise to fund.
In the given instance where each of the 80 billion pieces of advertising brought 21 cents in revenue, a better replacement for the word revenue is return.
So returns of funds invested on each piece of advertising is 21 cents.
Answer:
b. 8 years.
Explanation:
We solve this with the formula for straight line depreciation:
We plug our values and solve
useful life: 8 years
Answer:
Sell the inherited asset right away.
Turn it into your primary residence.
Make it into an investment property.
Disclaim the inherited asset for tax purposes.