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?

Question

Part 1
Last​ week, she made ​$___ in commission.

Answer 1

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.