Information System (IS) is basically defined as a set or group of interrelated components that cluster, store, operate and disseminate information to backup and support conclusive decision making, and establish system control. A composition of fixed principles acting as basic truths and can remain constant regardless of any situation.
Answer:$14,250
Explanation:
The total commission recieved is
950,000 x 7.5% = $71,250
The listing brokerage and the selling brokerage both received 50% of that sum which is
71,250/2 = $35,625
The Sales person gets 40% of the Selling brokerage's cut which would be
35,625 x 40% = $14,250
The FDIC stands for Federal Deposit Insurance Company.
By raising the limit on insured losses the FDIC helps stabilize the system by instilling confidence.
If the consumer knows that their savings accounts are protected up to $250,000 they will be encouraged to spend money during a time of crisis.
Because of the increased limit, there is less probability that there would be something called
"a run on the bank."