Homework Clinic
Mathematics Clinic => Grade 11 and 12 Mathematics => Topic started by: rl on Feb 28, 2021
-
Solve the problem.
A real estate agent agrees to sell an office building according to the following commission schedule: $28,000 plus 20% of the selling price in excess of $700,000. Assuming that the office building will sell at some price between $700,000 and $1,000,000, inclusive, over what range does the agent's commission vary?
◦ The commission will vary between $29,000 and$88,000, inclusive.
◦ The commission will vary between $28,000 and $218,000, inclusive.
◦ The commission will vary between $28,000 and $88,000, inclusive.
◦ The commission will vary between $168,000 and $228,000, inclusive.
-
The commission will vary between $28,000 and $88,000, inclusive.