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Comprehending Business Problems: Activity 1 of 3

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Business owners often think about work-related problems as math problems. To find an answer, they first have to ask themselves: what do I need to figure out?

Read the following problem. Don’t worry about finding the answer. Just figure out what answer you’re looking for.

Kim gets 3% for every real estate sale. After four sales, her fee doubles. She is working on her fifth sale and wants to figure out what her fee will be if the home sells for $195,000.

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Question 7 of 8