Answer:
commission = $4,240 ; A
Step-by-step explanation:
Given:
- Property listed value = $112,000
- The listing period value = $106,000
- Commission = 4%
Find:
How much commission, if any, would Lucky Nines Real Estate Company be entitled to at closing?
Solution:
- We need to know that the commission is gained on the sold value of listing period not the listed value originally. Hence, the amount of commission paid is:
commission = Rate*listing period value
commission = 0.04*$106,000
commission = $4,240
4.1x +29
Hope this helps!! :)
Since the sales tax is 6%, the object will cost 1.06 (100% + 6%) times the original value.
1.06 × $95.00 = $100.70
The object will cost $100.70.
Let me know if you need any clarifications, thanks!
a since 3 is positive and one is negative
