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Jen has a home she plans to rent out. She hires a management company that charges
10.8% of the rental price for their fee. If the home rents for $1700/month, how much
will Jen earn each month from the rent?
State your answer in terms of dollars rounded to the nearest cent (hundredth).

Respuesta :

Answer:

$1516.40

Step-by-step explanation:

When finding a percent of a specific number you turn the percent into a decimal and multiply it by the number. In this case: 0.108 * 1700 = 183.6

The company will take $183.60 from her earnings. 1700 - 183.6 = 1516.4

So, Jen will earn $1516.40.

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