A realtor makes 5.32% commission on each sale If the realtor earned an $10,254.30 commission, what was the price of the home?(1 point) p = $

To find the price of the home, we can use the formula:

\[ \text{Commission} = \text{Price} \times \text{Commission Rate} \]

We know the commission earned is $10,254.30 and the commission rate is 5.32%, which we can express as a decimal (5.32% = 0.0532).

We can rearrange the formula to solve for the price:

\[ \text{Price} = \frac{\text{Commission}}{\text{Commission Rate}} \]

Substituting the known values:

\[ \text{Price} = \frac{10,254.30}{0.0532} \]

Now, let's calculate:

\[ \text{Price} = 192,460.00 \]

Therefore, the price of the home is:

\[ p = 192,460.00 \]