What is the salesperson total compensation

Reference no: EM13337840

On a sale of any property a sales person's commission is basedon total commission paid to the Broker. Sales person receieves 30%of the first $2,500, 40% of any amount between $2,500 and $7,500and 50% of any amount exceeding $7,500. If a property sells for$234,500 and the brokers commission rate is 6.5% what is the salesperson total compensation?

a. $5,847.00

b. $6,621.25

c. $6,871.25

d. $7,621.25

Reference no: EM13337840

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