Question

Kelly manages an apartment complex with 60 apartments. The monthly rent for an

apartment in the complex is $803, of which Kelly gets 9.5%. How much does Kelly
earn in a year?
State your answer in terms of dollars rounded to the nearest whole dollar.

Answer 1

$54925

Explanation:

Monthly Rent = 803

Number of apartments = 60

Kelly's commission = 9.5% -> 9.5/100 = 0.095

So

803*60*0.095 = ?

4577.10 per month.

12 months in a year

4577.10 * 12 = $54925.20

Rounded to nearest whole dollar 54925

Kelly makes $54925 per year