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Havel Signed a Listing Agreement with a Realtor

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Havel signed a listing agreement with a realtor. The commission rate is 4% on the first $200,000 of the selling price, and 2.5% on the remainder. a) What commission will Havel pay if he sells his home for $289,000? b) What is the average commission rate on the selling price?

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a) $10,225...

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