Question

A banker earns a $75,000 annual salary, a 2.35% commission on any approved loans for the bank’s business customers, and a fee of $3.75 for each application processed. If the banker has a total of $2.8 million in approved business loans and processes 2,750 applications this year, what are the banker’s earnings rounded to the nearest dollar?
A) $140,800

B) $186,463

C) $152,875

D) $151,113

Answer 1

C I think hope it’s correct :)