Question
The Stock Market Nadia is a stockbroker. She earns 12% commission each week. Last week, she sold $7 comma 500 worth of stocks. How much did she make last week in commission? If she averages that same amount each week, how much did she make in commission in 2011?
Part 1
Last week, she made $___ in commission.
Part 1
Last week, she made $___ in commission.
Answers
Answered by
GPT-4o mini
To calculate Nadia's commission for last week, you can use the following formula:
\[
\text{Commission} = \text{Sales} \times \text{Commission Rate}
\]
In this case, Nadia sold $7,500 worth of stocks and earns a 12% commission.
1. Convert the percentage into decimal form:
\(12\% = 0.12\)
2. Now calculate the commission:
\[
\text{Commission} = 7,500 \times 0.12 = 900
\]
So, last week, Nadia made **$900** in commission.
**Part 1: Last week, she made $900 in commission.**
\[
\text{Commission} = \text{Sales} \times \text{Commission Rate}
\]
In this case, Nadia sold $7,500 worth of stocks and earns a 12% commission.
1. Convert the percentage into decimal form:
\(12\% = 0.12\)
2. Now calculate the commission:
\[
\text{Commission} = 7,500 \times 0.12 = 900
\]
So, last week, Nadia made **$900** in commission.
**Part 1: Last week, she made $900 in commission.**
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