SOLUTION: A real estate agent received a 5.5% commission on the sale of a home. If the home sold for $133,000, how much was his commission?

Algebra ->  Algebra  -> Customizable Word Problem Solvers  -> Finance -> SOLUTION: A real estate agent received a 5.5% commission on the sale of a home. If the home sold for $133,000, how much was his commission?      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com
Ad: Algebra Solved!™: algebra software solves algebra homework problems with step-by-step help!
Ad: Algebrator™ solves your algebra problems and provides step-by-step explanations!

   


Question 86935: A real estate agent received a 5.5% commission on the sale of a home. If the home sold for $133,000, how much was his commission?
Answer by stanbon(48558) About Me  (Show Source):
You can put this solution on YOUR website!
A real estate agent received a 5.5% commission on the sale of a home. If the home sold for $133,000, how much was his commission?
-----------
0.05*133,000 = $6650.00
==========
Cheers,
Stan H.