Ayala Santiago
05/27/2024 · Senior High School
Question 18 ( 5 points) A real estate broker sold your house for \( \$ 189,000 \). The broker's commission was \( 4.5 \% \) of the selling price. How much would you get for the house after the commission is paid? A) \( \$ 150,000 \) B) \( \$ 182,545 \) C) \( \$ 180,495 \) D) \( \$ 129,000 \)
UpStudy ThothAI Solution
Tutor-Verified Answer
Step-by-step Solution
To find out how much you would get for the house after the broker's commission is paid, we first need to calculate the commission amount and then subtract it from the selling price.
1. **Calculate the commission:**
\[
\text{Commission} = \text{Selling Price} \times \text{Commission Rate}
\]
\[
\text{Commission} = 189,000 \times 0.045 = 8,505
\]
2. **Calculate the amount you would receive after the commission:**
\[
\text{Amount after commission} = \text{Selling Price} - \text{Commission}
\]
\[
\text{Amount after commission} = 189,000 - 8,505 = 180,495
\]
Therefore, the amount you would get for the house after the commission is paid is \( \boxed{180,495} \).
The correct answer is C) \( \$ 180,495 \).
Quick Answer
The amount you would receive after the commission is \( \$ 180,495 \). The correct answer is C. \( \$ 180,495 \).
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