Concept explainers
Reminder Round all answer to two decimal places unless otherwise indicated.
Real Estate Sales A real estate agency has fixed monthly costs associated with rent, staff salaries, utilities, and supplies. It earns its money by taking a percentage commission on total real estate sales. During the month of July, the agency had total sales of
a. Use a formula to express net income as a linear function of total sales. Be sure to identify what the letters that you use mean.
b. Plot the graph of net income and identify the slope and vertical intercept.
c. What are the real estate agency’s fixed monthly costs?
d. What percentage commission does the agency take on the sale of a home?
e. Find the horizontal intercept and explain what this number means to the real estate agency.
Want to see the full answer?
Check out a sample textbook solutionChapter 3 Solutions
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
Additional Math Textbook Solutions
Precalculus: Mathematics for Calculus (Standalone Book)
Elementary & Intermediate Algebra
Thinking Mathematically (6th Edition)
A First Course in Probability (10th Edition)
Elementary Statistics Using The Ti-83/84 Plus Calculator, Books A La Carte Edition (5th Edition)
College Algebra (Collegiate Math)
- Solve themarrow_forwardI want to learn this topic l dont know anything about itarrow_forwardSolve the linear system of equations attached using Gaussian elimination (not Gauss-Jordan) and back subsitution. Remember that: A matrix is in row echelon form if Any row that consists only of zeros is at the bottom of the matrix. The first non-zero entry in each other row is 1. This entry is called aleading 1. The leading 1 of each row, after the first row, lies to the right of the leading 1 of the previous row.arrow_forward
- PRIMERA EVALUACIÓN SUMATIVA 10. Determina la medida de los ángulos in- teriores coloreados en cada poligono. ⚫ Octágono regular A 11. Calcula es número de lados qu poligono regular, si la medida quiera de sus ángulos internos • a=156° A= (-2x+80 2 156 180- 360 0 = 24-360 360=24° • a = 162° 1620-180-360 6=18-360 360=19 2=360= 18 12. Calcula las medida ternos del cuadrilá B X+5 x+10 A X+X+ Sx+6 5x=3 x=30 0 лаб • Cuadrilátero 120° 110° • α = 166° 40' 200=180-360 0 = 26-360 360=20 ひ=360 20 18 J 60° ⚫a=169° 42' 51.43" 169.4143180-340 0 = 10.29 54-360 360 10.2857 2=360 10.2857 @Saarrow_forwardPlease help I'm a working mom trying to help my son last minute (6th grader)! Need help with the blank ones and check the ones he got with full calculation so we can use it to study! Especially the mixed number fractions cause I'm rusty. Thanks in advance!arrow_forward|| 38 5층-11- 6 4 7 2 6arrow_forward
- Ms.sally has 12 studentsMr Franklin has twice as many students as Ms. Sally.how many students does Mr Franklin have?arrow_forwardexplainwhat is means for a shape to be symmetricarrow_forwarde Grade Breakdown x Dashboard | Big Spring HX Dashboard | Big Spring H x Home | Lesson | Assessm cds.caolacourses.edisonlearning.com/lessons/assessmentplayer Co bigspringsd.org bookmarks Prodigy New Tab my video Brielynn... Algebra 2 Part 1-Exam-EDCP.MA003.A D Question 6 D ? 10 17°F Mostly sunny BSMS Home Significant Events in... Classes 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 Solve using row operations: x-3y= -4; 2x - y = 7 Use the paperclip button below to attach files. Student can enter max 2000 characters BISU DAIAAA X2 X2 T ② Type here Q Search e I ✓ Paragra Oarrow_forward
- Trigonometry (MindTap Course List)TrigonometryISBN:9781337278461Author:Ron LarsonPublisher:Cengage LearningMathematics For Machine TechnologyAdvanced MathISBN:9781337798310Author:Peterson, John.Publisher:Cengage Learning,
- Algebra and Trigonometry (MindTap Course List)AlgebraISBN:9781305071742Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage LearningFunctions and Change: A Modeling Approach to Coll...AlgebraISBN:9781337111348Author:Bruce Crauder, Benny Evans, Alan NoellPublisher:Cengage LearningAlgebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal Littell