SOLUTION:
Step 1:
In this question, we are given the following:
If you are selling your house with a local realtor who requires a 4% commission fee, what can you expect to pay the realtor if your house sells for $161,000?
Answer: $ _____________
Step 2:
The details of the solution are as follows:
We need to get
[tex]\begin{gathered} 4\text{ \% of \$ 161,000} \\ =\text{ }\frac{4}{100}\text{ x \$ 161,000} \\ =\text{ }\frac{644,000}{100} \\ =\text{ \$ 6,440} \end{gathered}[/tex]CONCLUSION:
The final answer is:
[tex]6,440\text{ dollars}[/tex]