Question

If you are selling your house with a local realtor who requires a 5% commission fee, what can you expect to pay the realtor if your house sells for $158,000?

Answer 1

Answer:$7900

Explanation:

The house is sold at $158,000

The commission is 5% of the total sales

5/100*$158000

0.05*$158000

$7900

Answer 2

$7900

Explanation:

5% of $158,000 is ...

0.05 × 158,000 = 7,900 . . . . dollars

You can expect to pay the realtor $7900.