document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1167568>Question 1167568</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Phil Dunphy, a real estate agent, is considering whether he should list an unusual $995,382 house for sale.  If he lists it, he will need to spend $5,150 in advertising, staging, and fresh cookies.  The current owner has given Phil 6 months to sell the house.  If he sells it, he will receive a commission of $22,660.  If he is unable to sell the house, he will lose the listing and his expenses.  Phil estimates the probability of selling this house in 6 months to be 75%.  What is the expected profit on this listing?<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #792162 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52781)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=792162\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
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document.write( "    the expected profit on this listing = 0.75*22660 - 0.25*5150  dollars.\r\n" );
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document.write( "Use your calculator.\r<BR>\n" );
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