Asked by Alex L.

1) If a 16 oz. bottle of shampoo contains 78% water, find the number of ounces of water in the bottle. Round to the nearest tenth of an ounce.
My rounded answer was 12.5 oz., rounded from 12.48 oz.

2) The local real estate agents' association collects a fee of 2% on all money received by its members. The members charge 6% of the selling price of a property as their fee.
How much does the association get if its members sell property worth a total of $8,680,000?

Answers

Answered by bobpursley
first is correct.

associationmoney=.02*1.06*8,680,000
Answered by Alex L.
wait, why is it 1.06? I don't think that's correct.
Answered by bobpursley
You are correct. Change that to 0.06
Answered by Alex L.
The association gets $10,320 right?
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