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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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Mathematics
3 years
2021-08-16T00:38:25+00:00
2021-08-16T00:38:25+00:00 2 Answers
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Answers ( )
Answer:
$552.50
Step-by-step explanation:
The formula we’ll use for this is the simple interest formula, or:
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
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