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a condominium sells for $249,000. If the commission paid to the realtor is 2.9%, how much will the realtor make on the sale?
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The commission is the principal multiplied by the rate after converting the rate from a percentage to a decimal. You do that by moving the decimal point over 2 positions to the left. So, 249000 x 0.029 is the commission.
oh i get it!
Good luck to you in all of your studies and thx for the recognition! @Amenah
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