1a) Sara sells a car that was priced at $8,500.00. If she makes a commission of 6.5%, how much will she make? *

Question

1a) Sara sells a car that was priced at $8,500.00. If she makes a commission of 6.5%, how much will she make? *

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Dulcie 3 years 2021-08-16T00:38:25+00:00 2 Answers 7 views 0

Answers ( )

    0
    2021-08-16T00:39:43+00:00

    Answer:

    $552.50

    Step-by-step explanation:

    The formula we’ll use for this is the simple interest formula, or:

    I=P*R

    Where:

    P is the principal amount, $8500.00.

    R is the interest rate, 6.5% per year, or in decimal form, 6.5/100=0.065.

    To find the simple interest, we multiply 8500 × 0.065 to get that:

    The interest is: $552.50

    0
    2021-08-16T00:39:57+00:00

    Answer:

    $552.50

    Step-by-step explanation:

    To find how much she will make, find 6.5% of 8500

    8500(0.065)

    = 552.5

    So, she will make $552.50

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