Please help me how to set this up.

As a real-estate agent, Walter Jordn earns 3 3/4% commission on the houses he sells. In the last quarter of this year, he sold two houses, one for $225,000 and the other for $199,000. How much was his commissions for this quarter?

0.0375(225,000 + 199,000) =

Thank you.

You are welcome.

To calculate Walter Jordn's commissions for the last quarter, we need to find the total commission earned on both houses.

Step 1: Calculate the commission on each house:
- Convert the commission rate from a mixed fraction to a decimal: 3 3/4% = 3.75%
- Multiply the selling price of each house by the commission rate as a decimal to find the commission for each house.

Commission on the first house:
$225,000 * 3.75% = $8,437.50

Commission on the second house:
$199,000 * 3.75% = $7,462.50

Step 2: Add the commissions of both houses to find the total commission:
$8,437.50 + $7,462.50 = $15,900.00

Therefore, Walter Jordn's commissions for the last quarter amount to $15,900.00.