Online Car Auctioneer charges a commission for classified ads. If the car sells, the seller is charged
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Online Car Auctioneer charges a commission for classified ads. If the car sells, the seller is charged 4% of the advertised price, not of the price for which the car actually sells. If the car doesn’t sell, the seller pays nothing. If Barbara advertises her Cadillac for $12,000 and sells it for $11,200, how much must she pay for the ad?
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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