Question

Max is a real estate agent and receives 2% commission on the first $400 000 and 1.5% on the value thereafter.

Find his commission for selling a property worth $920000. Please help me.​

Answer 1

commission = 15800

Explanation:

920000 - 400000 = 520000

400000 x .02 = 8000

520000 x .015 = 7800

8000 + 7800 = 15800