document.write( "Question 1208891: A real estate agent agrees to sell an apartment complex according to the following commission schedule: $45,000 plus 25% of the selling price in excess of $900,000. Assuming that the complex will sell at some price between $900,000 and $1,100,000 inclusive, over what range does the agent’s commission vary? How does the commission vary as a percent of the selling price? \n" ); document.write( "

Algebra.Com's Answer #847492 by KMST(5328) $\"\"$ $\"About$

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If the complex sells at $900,000 the commission will be $45,000, which relative to the selling price is
\n" ); document.write( " $\"%22%2445%2C000%22%2F%22%24900%2C000%22=5%2F100=0.05=%225.00%25%22\"$ .
\n" ); document.write( "For every $1 above $900,000 the agent gets paid 25% of that $1, $0.25, making t percentage increase continuously up to the maximum percentage for a selling price of $1,100,000.
\n" ); document.write( "If the complex sells at $1,100,000 the commission will be
\n" ); document.write( "

, which relative to the selling price is
\n" ); document.write( " $\"%22%2495%2C000%22%2F%22%241%2C100%2C000%22=%228.636363...%25%22=%228.64%25%28rounded%29%22\"$
\n" ); document.write( "
\n" ); document.write( "The agent’s commission varies from $\"%225.00%25%22\"$ to $\"%228.64%25%22\"$ as a percent of the selling price? \n" ); document.write( "

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