Sales commissions. A second employee of the computer store in Problem 57 is paid a base salary of $3,000 a month plus a 5 % commission on all sales during the month. (A) How much must this employee sell in one month to earn a total of $4,000 for the month? (B) Determine the sales level at which both employees receive the same monthly income. (C) If employees can select either of these payment methods, how would you advise an employee to make this selection?
Sales commissions. A second employee of the computer store in Problem 57 is paid a base salary of $3,000 a month plus a 5 % commission on all sales during the month. (A) How much must this employee sell in one month to earn a total of $4,000 for the month? (B) Determine the sales level at which both employees receive the same monthly income. (C) If employees can select either of these payment methods, how would you advise an employee to make this selection?
Sales commissions. A second employee of the computer store in Problem 57 is paid a base salary of
$3,000
a month plus a
5
%
commission on all sales during the month.
(A) How much must this employee sell in one month to earn a total of
$4,000
for the month?
(B) Determine the sales level at which both employees receive the same monthly income.
(C) If employees can select either of these payment methods, how would you advise an
. Find how many years it takes for $1786 to grow to $2063 if invested at 2.6% annual interest compounded
monthly.
12+
K=3, Gauss Seidel
Fill in only 4 decimal places here in Canvas. Make sure in exam and homework, 6 decimal places are required.
X1 =
X2 =
X3 =
A smallish urn contains 25 small plastic bunnies - 7 of which are pink and 18 of
which are white. 10 bunnies are drawn from the urn at random with replacement, and
X is the number of pink bunnies that are drawn.
(a) P(X = 5)=[Select]
(b) P(X<6) [Select]
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