1) Ms. Gomes earned $1,000,000 in 2016. In 2017, after receiving a 6% raise, how much did she earn? 2) Alex's subtotal at Target for supplies was $345.50. With an 8.875% sales tax, how much will he pay in tax? 3) Mr. Hoffman purchased a new apartment for $450,875. What is the realtor's commission if it is 4.5% of the sale price?
Mathematics · Middle School · Thu Feb 04 2021
Answered on
Ms. Gomes earned in 2017 after receiving a 6%
6% of $1,000,000 = 0.06 * $1,000,000 = $60,000
Then you add the raise to her earnings from 2016: $1,000,000 + $60,000 = $1,060,000
8.875% of $345.50 = 0.08875 * $345.50 = $30.70 approximately
$450,875 with a 4.5% commission, you calculate 4.5% of $450,875.
4.5% of $450,875 = 0.045 * $450,875 = $20,289.375
The realtor will make $20,289.38 (rounded to the nearest cent) from the sale of the apartment.