Randall is a real estate agent. His earnings are based on a graduated commission. He receives 4% on any sale up to 100,000 and 6% for any amount over the $100,000. Last saturday he sold a house for $109,000. How much did he make selling the house?

Respuesta :

Answer:

Randall make $4,540 in commission selling the house

Step-by-step explanation:

we know that

Last saturday Randall sold a house for $109,000

so

1) He receives 4% on any sale up to 100,000

[tex]4\%=4/100=0.04[/tex]

Multiply $100,000 by 0.04

[tex]100,000(0.04)=\$4,000[/tex]

2) He receives 6% for any amount over the $100,000

so

[tex]\$109,000-\$100,000=\$9,000[/tex]

[tex]6\%=6/100=0.06[/tex]

Multiply $9,000 by 0.06

[tex]\$9,000(0.06)=\$540[/tex]

Sum the two amounts

[tex]\$4,000+\$540=\$4,540[/tex]

therefore

Randall make $4,540 in commission selling the house

Answer:

The correct answer is $4,540

Step-by-step explanation: