Mrs. Frost is a real estate agent. She earns \( 6 \% \) commission on her sales plus \( \$ 2,000 \) each month. Las month her sales totaled \( \$ 523,25000 \). How much did sh earn last month?
Upstudy AI Solution
Answer
Solution

Sign in to Unlock Answers for Free!
A Learning Platform Trusted by Millions of Real Students and Teachers.

Answered by UpStudy AI and reviewed by a Professional Tutor
The Deep Dive
To find out how much Mrs. Frost earned last month, we first calculate her commission. Her sales were \( \$523,250 \), and her commission rate is \( 6 \% \). Commission earned = \( 0.06 \times 523,250 = 31,395 \) (dollars). Now, we add her monthly salary of \( \$2,000 \) to her commission to find her total earnings. Total earnings = Commission + Monthly salary = \( 31,395 + 2,000 = 33,395 \) (dollars). So, Mrs. Frost earned \( \$33,395 \) last month! But how can she boost her earnings even more? She could explore additional training to become a real estate investment expert, allowing her to work with clients looking for investment properties. It’s a win-win – she grows her business while bringing more value to her clients! Also, keeping an eye on local market trends and networking with other professionals can provide leads on properties before they hit the market. Building relationships in your field is just as important as closing sales. Expanding her connections could lead to more successful transactions and referrals!