SOLUTION: Ronald wants to sell his car through a broker who charges a commission of 10% of the selling price. Ronald still owes \$11,025 on the car. Ronald must get enough to at least pay o

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 Question 148025: Ronald wants to sell his car through a broker who charges a commission of 10% of the selling price. Ronald still owes \$11,025 on the car. Ronald must get enough to at least pay off the loan. What is the range of the selling price?Answer by nerdybill(6951)   (Show Source): You can put this solution on YOUR website!Ronald wants to sell his car through a broker who charges a commission of 10% of the selling price. Ronald still owes \$11,025 on the car. Ronald must get enough to at least pay off the loan. What is the range of the selling price? . From the problem, for Ronald to "break even" he must get enough to 1. pay off the load of \$11,025 2. pay off the broker .10(\$11,025)= \$1,102.50 . Therefore he has to get at least: \$11,025 + \$1,102.50 = \$12,127.50 . That is: "selling price" >= \$12,127.50