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16-01-2024
Business

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Martin wrote a book for high school students. He receives a 6% royalty based on the total sales of the book. The book sells for $35.95 each, and 16,473 copies were sold last year. How much did Martin receive in royalty payments for last year?

a. $40,457.61
b. $39,689.35
c. $38,496.53
d. $37,683.02

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