If a Realtor earns 6% commission for selling $70,000 home, what is the amount of the commission?
0.06 * 70,000 = ?
OHHHHH..... okay i understand now... Thanks!!
You're welcome. :-)
$4,200 commission
To find the amount of commission earned by the Realtor, we can follow these steps:
Step 1: Convert the commission rate to a decimal. The Realtor earns a 6% commission, which can be written as 0.06 in decimal form.
Step 2: Multiply the selling price of the home by the commission rate. In this case, the selling price of the home is $70,000. So, the calculation would be: $70,000 * 0.06 = $4,200.
Therefore, the amount of commission earned by the Realtor for selling a $70,000 home is $4,200.