Question

If you are selling your house with a local realtor who requires a 4% commission fee, what can youexpect to pay the realtor if your house sells for $161,000?Answer: $ _____________

Answer 1

Step 1:

In this question, we are given the following:

If you are selling your house with a local realtor who requires a 4% commission fee, what can you expect to pay the realtor if your house sells for $161,000?

Answer: $ _____________

Step 2:

The details of the solution are as follows:

We need to get

`\begin{gathered} 4\text{ \% of \$ 161,000} \\ =\text{ }(4)/(100)\text{ x \$ 161,000} \\ =\text{ }(644,000)/(100) \\ =\text{ \$ 6,440} \end{gathered}`

CONCLUSION:

The final answer is:

`6,440\text{ dollars}`