PLEASE ANSWER!!!!! After five years of earning interest at an annual rate of 3%, an investment has earned $950 in interest. To t
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Answer:
<em>Felix earns total $594 per week.</em>
Step-by-step explanation:
Felix’s sales are $53000.
So, <u>the amount of sales over $4800 will be</u>:
Felix earns $450 per week and additional 3% of sales over $4800.
So, his additional income
Thus, Felix's total income will be:
y-intercept for x = 0.
Substitute x = 0 to the equation of the function: