A certain man works in sales and earns a base salary of $1000 per month plus 5% of his total sales for the month. (a) Explain why his total monthly income I is a linear function of total sales S, both measured in dollars. The change in I is always the same, a 1 dollar increase in S. x dollar increase for 1000 (b) How much does he earn if he sells $1400 in merchandise in a month? (Round your answer to the nearest cent.) $ 1400.05 (c) Write a formula that gives total monthly income I as a linear function of sales S in a month. (Round equation parameters to two decimal places.) I = (d) What should his monthly total sales be if he wishes to earn $1400 this month? (Round your answer to the nearest cent.) $
A certain man works in sales and earns a base salary of $1000 per month plus 5% of his total sales for the month. (a) Explain why his total monthly income I is a linear function of total sales S, both measured in dollars. The change in I is always the same, a 1 dollar increase in S. x dollar increase for 1000 (b) How much does he earn if he sells $1400 in merchandise in a month? (Round your answer to the nearest cent.) $ 1400.05 (c) Write a formula that gives total monthly income I as a linear function of sales S in a month. (Round equation parameters to two decimal places.) I = (d) What should his monthly total sales be if he wishes to earn $1400 this month? (Round your answer to the nearest cent.) $
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter1: Functions
Section1.4: Functions Given By Words
Problem 13E
Related questions
Concept explainers
Percentage
A percentage is a number indicated as a fraction of 100. It is a dimensionless number often expressed using the symbol %.
Algebraic Expressions
In mathematics, an algebraic expression consists of constant(s), variable(s), and mathematical operators. It is made up of terms.
Numbers
Numbers are some measures used for counting. They can be compared one with another to know its position in the number line and determine which one is greater or lesser than the other.
Subtraction
Before we begin to understand the subtraction of algebraic expressions, we need to list out a few things that form the basis of algebra.
Addition
Before we begin to understand the addition of algebraic expressions, we need to list out a few things that form the basis of algebra.
Topic Video
Question
8
Transcribed Image Text:A certain man works in sales and earns a base salary of $1000 per month plus
5% of his total sales for the month.
(a) Explain why his total monthly income I is a linear function of total sales
S, both measured in dollars.
The change in I is always the same,
x dollar increase
for
1000
a 1 dollar increase in S.
(b) How much does he earn if he sells $1400 in merchandise in a month?
(Round your answer to the nearest cent.)
$ 1400.05
(c) Write a formula that gives total monthly income I as a linear function of
sales S in a month. (Round equation parameters to two decimal places.)
I =
(d) What should his monthly total sales be if he wishes to earn $1400 this
month? (Round your answer to the nearest cent.)
$
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.Recommended textbooks for you
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning