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Question 11/ 14 You expect between 8% and 10% commission on each new deal. How would you calculate your minimum expected commission for your latest deal, which closed for 30,000 ? 0.1 xx30,000 (0.1+0.08)xx30,000 0.08 xx30,000 0.8 xx30,000 (0.1+0.8)xx30,000

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Henry

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Answer

C

Explanation

The question asks for the minimum expected commission for a deal that closed for $30,000. The minimum expected commission rate is given as 8%. To calculate the minimum expected commission, we need to multiply the commission rate by the amount of the deal. In this case, the commission rate is 8%, which is represented as 0.08 in decimal form. Therefore, the calculation for the minimum expected commission is 0.08 \times \$ 30,000.

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