5. Audrey Sanders sells closet organization systems. She is paida commission of 5.14% of her first $1,500 in sales during theweek and 10% on all sales over $1,500. What is her commissionin a week during which she sells $7,500 worth of closetorganization systems?6. Jasper HesIS Tarm chemisA mission ofsales durm o --.Month in whichte has Sures wMiguolill Companies, Inc. All rights reserved.

Commission on first $1500 sales (x) = 5.14% Commission on sales above $1500 (y) = 10% $7500 sales…

Answered: Audrey Sanders sells closet…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Audrey Sanders sells closet organization systems. She is paid a commission of 5.14% of her first $1,500 in sales during the week and 10% on all sales over $1,500. What is her commission in a week during which she sells $7,500 worth of closet organization systems?