5% of $450 is $22.50
Add.
450+22.50
Sum.
472.50 for one years interest.
Answer:16.454mm
Step-by-step explanation:
The total earnings for the year is $18,900.
<h3>What is the total earnings?</h3>
The total earnings is a sum of the annual salary, commission and Christmas bonus.
Commission = 6% x (160,000 - 20,000) =
6% x $140,000
0.06 x 140,000 = $8,400
Total earnings = $8,400 + 10,000 + $500 = $18,900
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