Answered: 2) Jordan's salary is $1250 per month…

2) Jordan's salary is $1250 per month plus a 5% commission on all his sales. What must the amount of his sales be to earn at least $1500 total each month?

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

See similar textbooks

Similar questions

The cost of leasing a car is $1200 for the down payment and processing fee plus $375 per month. For how many months can you lease the car with $4600?
one man received 15% more then the other man when they shared an inheritance of $4300 how much did each man receive.
What would Billy’s weekly net pay be if he earns $20 per hour and worked 40 hours per week. His deductions are FICA of 7.65%, federal income tax of 20%, and state income tax of 16%. He also has to pay $10 per week for health insurance.
A man repays a loan of $3250 by paying $ 20 in the first month and then increases the payment by $15 every month How long it will take him to clear the loan ?
You purchase a car for $12000 and agreed to pay it off in 48 monthly payments of $365 each. What will be the total sum of your payments?
Sulaiman is paid 4% commission on the first RO 10,000 of monthly sales and 10% on all sales over RO 10,000. Last month his sales were RO 38,000. What was his commission
Mr. Jackson borrowed money from his bank and on his life insurance to start a business. His interest rate on the bank loan was 10%, and his rate on the insurance loan was 14%. If the total amount borrowed was $100,000 and his total yearly interest payment was $11,400, how much did he borrow from the bank?
Mathilda works as a real state agent in a company that sells condominium units. The pay she is to receive will be 10% of her total sales. If she sells 5 condominium units for 1 year and each condominium unit is sold for ₱2,500,000.00, how much will her commission for the year?
Karim is paid a weekly commision of 2% on net sales of $6000.00, 4% on the next $8000.00 and 6.25% on all further sales. His gross sales for the week were $18560.52 and sales returns and allowances were $1200. a. calculate his gross earnings for the week b. If he worked 25 hours during that week, how much was his average hourly rate
Richard is paid a salary of RO 125 a week and a 3% commission on all sales he makes above RO 2000 for the week. What total earnings did he have for a week in which his sales were RO 2800? a. RO 149 b. RO 185 c. RO 84 d. RO 209
Maddy Brown needed start-up money for her landscape service. She borrowed $11,000 for 42 months and paid $1,617 interest on the loan. What interest rate did she pay?
A sales clerk receives a monthly salary of $950$ plus a commission of 6% on all sales over $4600$ What did the clerk earn the month that he sold $12,500 in merchandise? Follow the problem-solving process and round your answer to the nearest cent, if necessary.