Question 12 of 18 You get paid a base salary of $2,000 per month and a graduated commission on sales. You receive 2.5% on the first $30,000 of sales, 3.25% on the next $50,000 of sales and 5% thereafter. a. Calculate your total pay for a month where your sales are $90,000. b. What were your sales in a month where you received $6,875 in commissions? c. What single rate of commission would have given you the same commission of $6,875 based on your sales from part (b)? %

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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Question 12 of 18
You get paid a base salary of $2,000 per month and a graduated commission on sales.
You receive 2.5% on the first $30,000 of sales, 3.25% on the next $50,000 of sales and
5% thereafter.
a. Calculate your total pay for a month where your sales are $90,000.
b. What were your sales in a month where you received $6,875 in commissions?
c. What single rate of commission would have given you the same commission of
$6,875 based on your sales from part (b)?
%
Round to two decimal places if applicable
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Transcribed Image Text:Question 12 of 18 You get paid a base salary of $2,000 per month and a graduated commission on sales. You receive 2.5% on the first $30,000 of sales, 3.25% on the next $50,000 of sales and 5% thereafter. a. Calculate your total pay for a month where your sales are $90,000. b. What were your sales in a month where you received $6,875 in commissions? c. What single rate of commission would have given you the same commission of $6,875 based on your sales from part (b)? % Round to two decimal places if applicable SAVE PRO 16°C Cloudy hp
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