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If a saleperson's monthly sales are less than $400, their commission is 5% If a saleperson's monthly sales are between $400 and $750, their commission is 10%. If a salesperson's monthly sales are more than $750, but less than $1000, their commission is 15%. If a saleperson's monthly sales are $1000 or more, their commission is 18.5%. Salesperson            Sales            Commission Rome                     $1000 Izzy                        $750 Drizzy                    $800 Jay                        $350 Hint: Commission equals the sales amount*commission Rate)(Excel Nesting IF exercise

If a saleperson's monthly sales are less than $400, their commission is 5% If a saleperson's monthly sales are between $400 and $750, their commission is 10%. If a salesperson's monthly sales are more than $750, but less than $1000, their commission is 15%. If a saleperson's monthly sales are $1000 or more, their commission is 18.5%. Salesperson            Sales            Commission Rome                     $1000 Izzy                        $750 Drizzy                    $800 Jay                        $350 Hint: Commission equals the sales amount*commission Rate)(Excel Nesting IF exercise

Essentials Of Investments
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
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If a saleperson's monthly sales are less than $400, their commission is 5%

If a saleperson's monthly sales are between $400 and $750, their commission is 10%.

If a salesperson's monthly sales are more than $750, but less than $1000, their commission is 15%.

If a saleperson's monthly sales are $1000 or more, their commission is 18.5%.

Salesperson            Sales            Commission

Rome                     $1000

Izzy                        $750

Drizzy                    $800

Jay                        $350

Hint: Commission equals the sales amount*commission Rate)(Excel Nesting IF exercise )

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