An insurance agent receives 15% of the cost of each insurance policy she sells. How much does the agent receive for a policy that costs $600
To calculate the commission for the insurance agent for selling a policy that costs $600, we need to multiply the cost of the policy by the commission rate.
Commission = Cost of policy × Commission rate
Commission = $600 × 0.15
Commission = $90
Therefore, the agent receives $90 for selling a policy that costs $600.