Ask Question
Today, 20:19

A broker has a four-year contract to manage a rental unit for an investor. He is to receive 50% of the first month's rent and 5% of each remaining month. The rent is $600/month. How much will the broker earn over the term of the contract?

+3
Answers (1)
  1. Today, 23:57
    0
    Step-by-step explanation:

    600 X. 50 = 300.00 1st month

    600 X. 05 = 30.00 47 months

    30 X 47 = 1,410

    1,410 + 300 = 1,710 (final answer)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A broker has a four-year contract to manage a rental unit for an investor. He is to receive 50% of the first month's rent and 5% of each ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers