Answer: To find the commission that the agent will earn on the sale of a $219,000 home, we need to multiply the sale price by the commission rate:
Commission = Sale Price x Commission Rate
The commission rate is given as 2.5%, which can be written as a decimal as 0.025. So, we can substitute the given values into the formula:
Commission = $219,000 x 0.025
Simplifying the right-hand side:
Commission = $5,475
Therefore, the agent will earn a commission of $5,475 on the sale of a $219,000 home.
Explanation: