A stock broker receives a commission of 11% for selling annuities to her clients. If she sells $50,000 in annuities, how much commission will she earn?
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Let's look at some more examples of straight commission. Example 2: A stock broker receives a commission of 11% for selling annuities to her clients. If she sells $50,000 in annuities, how much commission will she earn? Answer: The stock broker will earn $5,500.00.
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