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2 items are filed under this topic.
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A house's selling price |
2002-11-05 |
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From Tanisha:
a CERTAIN REAL-ESTATE AGENT RECEIVES $6 FOR EVERY $100 OF A HOUSE'S SELLING PRICE. HOW MUCH WAS A HOUSE SOLD FOR IF THE AGENT $10,725._
Answered by Penny Nom. |
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Working on commission |
2001-02-17 |
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From Jay:
Ron the realtor is offered a job directly out of real-estate school. He has a choice as to which way he will receive his salary the first year.
Salary Plan 1: He would receive a base pay of $2000 per month plus a 3% commission on each sale.
Salary Plan 2: No base pay but a 6% commission on each sale.
Write an equation to determine when it would be better to switch from the first plan to the second plan. Give a one- or two-sentence answer that includes Ron`s sales in a month. Round to the nearest dollar, if necessary.
Answered by Leeanne Boehm and Penny Nom. |
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