A realtor sells 3 houses this month for a total of $825,000, and each buyer uses her company to process their loan. She earns a base pay of $2,600 each month plus 1.5% of her total house sales. She also gets a fee of $12 for each loan she gets serviced through her company. What are her total earnings for the month?
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
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8.
Given Data:
The number of houses sold this month is: N=3
The total sales of this month is: T=$825000
The monthly pay of a realtor is: P=$2600
The percentage of total house sales she gets is: r%=1.5%
The fee she gets for each loan is: F=$12
The amount on the sale of houses realtor get this month is,
Substitute the values in the above equation.
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