Question

A realtor sells 3 houses this month for a total of $825,000, and each buyer uses her company to process their loan.

She earns a base pay of $2,600 each month
plus 1.5% of her total house sales.

She also gets a fee of $12 for each loan she gets serviced through her company.

What are her total earnings for the month?

Enter the correct answer in the box.

Answer 1

$2,651

Explanation:

The first step is to find what 1.5% of $2,600 is.

Secondly, divide 2600 / 100 = 26

Finally, multiply 26 by 1.5 = 39.

Add 39 and 12 to 2600 = $2,651.00 total earnings for the month.

Answer 2

15,011

Explanation:

Because 1.5 percent of 825,000 is 12375. She gets 2,600, so add that, and 12 times 3 for 3 houses is 36.

Add 12,375+2,600+36, you get 15,011!