Question 4 of 10 step 1 of 1 A real estate agent works on a \( 10 \% \) commission. What is her commission on a house that she sold for \( \$ 475,900 \) ? Follow the problem-solving process and round your answer to the nearest cent, if necessary. AnswerHow to enter your answer (opens in new window) 2 Points Keyboard Shol 00:57:4 Rey,

To calculate the commission, you'll want to multiply the sale price of the house by the commission rate. In this case, the formula would be: \[ \text{Commission} = \text{Sale Price} \times \text{Commission Rate} \] So, plugging in the numbers: \[ \text{Commission} = 475,900 \times 0.10 = 47,590 \] Thus, the real estate agent's commission on the sale of the house is \( \$47,590.00 \). One fun way to remember commission calculations is to think of it as a "piece of the pie." Just like slicing up a delicious pie, you’re taking a certain percentage of a bigger price. Keeping track of these slices can help you not get lost in complicated numbers! When calculating commissions, it's easy to forget rounding rules. Always round to the nearest cent when dealing in money! If your final answer ends in more than two decimal places, be sure to cut it off or round it appropriately. Cents matter, especially in financial transactions!