jasminetoney46 jasminetoney46
  • 04-02-2021
  • Mathematics
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Alexander is a Stockbroker. He earns 11% commission each week. Last week, he sold $7,100 worth of stocks. How much did he make last week in commission? If he averages that same amount each week, how much did he make in commission in 2011?

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DWRead
DWRead DWRead
  • 04-02-2021
commissions = 11% of $7100 = 0.11*$7100 = $781
Commissions in 2011 = 52 weeks * $782/week = $40,612
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