Question

14) Betty earns a salary of $14,000 per year plus an 8% commission on all her sales. How much must her sales be if her annual income is to be no less than $15,000?
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Let hor calonj emmiston over caler O.O9 must have cales oreater than or equal

Add a comment
Know the answer?
Add Answer to:
14) Betty earns a salary of $14,000 per year plus an 8% commission on all her...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Wendy Epstein, a sales representative, earns an annual salary of $31,600 and receives a commission on...

    Wendy Epstein, a sales representative, earns an annual salary of $31,600 and receives a commission on that portion of her annual sales that exceeds $150,000. The commission is 9.5% on all sales up to $50,000 above the quota. Beyond that amount, she receives a commission of 11.0%. Her total sales for the past year were $230,000. Compute the following amounts: a. The regular annual salary 31,600 b. The commission Х C. The total annual earnings X Feedback Check My Work...

  • Melissa earns a commission of 15% on her sales. If she wants her monthly income to...

    Melissa earns a commission of 15% on her sales. If she wants her monthly income to be $3,000 what must be the dollar value of her sales?

  • puan a consumer electronics, salesperson earns a base salary of $1900 per month and a commission...

    puan a consumer electronics, salesperson earns a base salary of $1900 per month and a commission Of Olo on the amount Sales he makes. one month pujan recieved La $1268 paycheck. Find the amount of his sales for the month.

  • A sales person makes a base salary of $500 per week plus 11% commission on sales....

    A sales person makes a base salary of $500 per week plus 11% commission on sales. (a) Write a linear function to model the sales person's weekly salary S (x) for x dollars in sales. (b) Evaluate S (9000) and interpret the meaning in the context of this problem.

  • Please help to explain for the below questions 97. Betty purchased an annuity for $24,000 in...

    Please help to explain for the below questions 97. Betty purchased an annuity for $24,000 in 2015. Under the contract, Betty will receive $300 each month for the rest of her life. According to the actuarial estimates, Betty will live to receive 96 payments and will receive a 3% return on her original investment. a. If Betty collects $3,000 in 2015, her gross income is $630 (.03 × $21,000). b. Betty has no gross income until she has collected $24,000....

  • Jenny James is paid a weekly salary of $250 plus a 4% commission on sales. Last...

    Jenny James is paid a weekly salary of $250 plus a 4% commission on sales. Last week her sales were $10,876. What were her earnings for the week? (2 marks) Calculate the total commission paid to each salesperson. (4 marks) Name Total Sales Commission Total Commission 5% on first $5000 7.5% on Next $25,000 13% on all Additional sales Ross, J $195,650 Vilia, K $237,500 Mary Eisen worked 7 hours a day from Monday to Thursday at a regular pay...

  • Please help to explain for the below questions 97. Betty purchased an annuity for $24,000 in 2015. Under the contract, B...

    Please help to explain for the below questions 97. Betty purchased an annuity for $24,000 in 2015. Under the contract, Betty will receive $300 each month for the rest of her life. According to the actuarial estimates, Betty will live to receive 96 payments and will receive a 3% return on her original investment. a. If Betty collects $3,000 in 2015, her gross income is $630 (.03 × $21,000). b. Betty has no gross income until she has collected $24,000....

  • 2. Piecewise functions. Terry earns a base salary of $2100 per month. Once he reaches $40000...

    2. Piecewise functions. Terry earns a base salary of $2100 per month. Once he reaches $40000 in total sales, he earns an additional 5% commission (salary) on the amount of sales over $40000. Lets be the amount of his total sales for the month and M(s) be the amount of his salary for the month. (For instance, if he had sales of $42000 for the month, he would earn a salary of $2100 and 5% of $2000, since $42000 is...

  • 3.5 Jean-Claude Killy, a snow ski sales representative, earns an annual base salary of $90,000 with...

    3.5 Jean-Claude Killy, a snow ski sales representative, earns an annual base salary of $90,000 with a quota of $710,000. If sales exceed the quota, a 5.5% commission on the sales in excess of that quota will be paid. For the current year, sales are $850,000. Base Salary Commission Rate Entered to 3 decimal places Commission Pay Gross Annual Earnings = $ Lucien Laurin, Secretariat's trainer, earns $16.15 per hour and has earned a time-trial bonus this week of $55.50....

  • Michelle is an employee at ABC College. She earns a salary of $75,000. Her employer pays...

    Michelle is an employee at ABC College. She earns a salary of $75,000. Her employer pays $3,000 for her health insurance premium, $1,500 for her dental insurance premium, and matches her 401K contribution in the amount of $5,000 per year. What amount must Michelle include in her gross income? $83,000 $75,000 $84,500 O $80,000

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT