Agent Daisy agrees to a 5% commission to list a home at $330,000. The property is sold through another cooperating brokerage wit
h that firm to receive 50% of the total commission on the $330,000 sale. If Daisy receives 55% of her broker’s commission and does not bring the buyer. How much does Daisy’s broker receive from the sale?
The total amount that Daisy was to receive prior to the house being sold by another brokerage is: 0.05(330,000) =$16500 Given that the house is sold through another brokerage and Daisy is set to receive the 45% of the commission, the amount Daisy will receive will be: 0.45(16500) =$7425
When solving the distance formula it is the distance from one point to another. If you had a rectangle and used the distance formula from each point then you would have a perimeter