When Margaret sells a car, she earns 17% commission. She sold a car for $22,983. How much is commission will she earn from selling that car?
17% is .17 in decimal form
.17 * 22983 = commision = $
Stefan borrowed $8,950 for an engagement ring. At a 6% simple interest rate, how much interest will he have paid after 18 months?
18 months is 1.5 years interest is .06
.06 * 8950 * 1.5 = interest = $
