Question

Darius is a broker who earns a $68,000 annual salary, a 3.15% commission on his clients’ investments, and a fee of $4.25 for each online transaction. If Darius’s clients had a total of $3.6 million in investments and made 1,375 online transactions this year, what are Darius’s earnings rounded to the nearest dollar?

Answer 1

$187,244

Explanation:

$68,000 annual salary + 3.15% commission + fee of $4.25 per transaction

$68,000 + 0.0315 * $3,600,000 + $4.25 * 1,375 =

= $187,243.75

Answer: $187,244