To calculate the rental commission:
\[ RC = AR \times \frac{C}{100} \]
Where:
A rental commission is defined as the total value earned by a real estate agent from the sale of a rental property.
Let's assume the following values:
Step 1: Convert the commission rate from percentage to decimal:
\[ \frac{C}{100} = \frac{10}{100} = 0.10 \]
Step 2: Multiply the annual rent by the commission rate:
\[ RC = 24,000 \times 0.10 = 2,400 \text{ dollars} \]
