SOLUTION: Car Selling. 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
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Question 64446: Car Selling. 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 stanbon(75887) (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.
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Selling Price >=1.10(11025)=$12,127.50
Cheers,
Stan H.
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