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dimaraw [331]
3 years ago
11

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?
Business
1 answer:
valentina_108 [34]3 years ago
6 0

Answer:

=$ 3,712.50

Explanation:

Selling price equals to $330,000.00

5 % of $ 330,000= 5/100 x 330,000.00

   =$ 16,500.00

Each of the two brokers gets 50% of $ 16,500.00

each gets 50/100 x $ 16,500= $ 8, 250.00

Daisy gets 55 % from her broker, meaning Daisy's  broker gets 45%

i.e., 45/100 x 8,250.00= 0.45 x 8,250.00

     =$ 3,712.50

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If $125 is invested at an interest rate of 18% per year and is compounded continuously, how much will the investment be worth in
solong [7]

The correct statement is that if an amount of $125 is invested for compounded interest of 18%, then such amount will become $179 in 2 years. So, the correct option is C.

The calculation of compound interest can be done by using the formula for compounded annuity and assuming that the amount is compounded daily.

<h3>Calculation of Compounded Annuity </h3>

The formula for calculation of compounded annuity is as follows,

\rm Compounded\ Annuity = P(1+ \dfrac{r}{100})^n^t

Now putting the given values in the formula above, we get,

\rm Compounded\ Annuity = 125(1+0.18)^3^6^5^x ^2\\\\\rm Compounded\ Annuity =125\ x\ 1.432\\\\\rm Compounded\ Annuity = \$179.15

So, the value of the annuity becomes $179.15 in two years.

Hence, the correct option is C that the amount of $125 is invested for compounded interest of 18%, then such amount will become $179 in 2 years.

Learn more about Compound Annuity here:

brainly.com/question/24559701

7 0
2 years ago
Your employer must offer (at no cost to you) a vaccine against ___________ if your job _____________.'
Scilla [17]

Answer:

hepatitis B; puts you at risk for exposure to bloodborne pathogens

Explanation:

Work practice controls involves all the steps taken in order to decrease the likelihood of getting exposed to any disease or viruses in the workplace. These steps include heath hygiene in vaccinations that are intended to protect the human resources. Hygiene management helps the employers to maintain their health during their workhours.  

In jobs where the employees are exposed to the bloodborne pathogens, it is the responsibility of the employer to vaccinate the employee against hepatitis B.

8 0
3 years ago
Which of the following is a current asset?
Arturiano [62]

Answer:

D

Explanation:

Current assets are considered short-term assets because they generally are convertible to cash within a firm's fiscal year, and are the resources that a company needs to run its day-to-day operations and pay its current expenses. ...

3 0
3 years ago
Kolander Company has the following accounts and balances at the end of the​ year:
Mrac [35]

Answer:

The correct answer is $ 49,000. (which is not in options)

Explanation:

This problem requires us to calculate value of retain earning at the end of the year. We know that assets = equity + liabilities and equity = common stock + retain earning. Following this rule we can easily calculate amount of retain earning. Detail Calculation is given below.

Asset

Accounts Receivable $30,000

Land                            $42,000

Investments                  $7,000

Building                       $59,000

Cash and Equivalents $80,000

Equipment                   $64,500

Supplies                        $6,000

Total Asset                  $288,500

Less

Liability

Notes Payable               $59,000

Interest Payable             $5,500

Income Taxes Payable $10,000

Accounts Payable         $38,000

Total Liabilities             $112,500

Less

Equity

Common Stock               $127,000

Retain earning                $ 49,000

4 0
3 years ago
When you buy a U.S. government savings bond, you're doing so under the power given to Congress to
vazorg [7]
When you buy a U.S. government savings bond, you're doing so under the power given to Congress to "<span>b. regulate commerce." Regulating commerce will help you be able to understand the flow and process of the country's economy at the same time your business' security.</span>
6 0
3 years ago
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