This list shows the age at which 38 U.S. Presidents died.
2 answers:
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Given:
Lamont cotton is 4% commission on the first 10,000 of monthly sales and 10% on all sales over 10,000.
Consider his last month sales is 38,000.
To find:
The total commission.
Solution:
4% commission on the first 10,000 of monthly sales is
Sales over 10,000 is
10% commission on all sales over 10,000 is
Now, the total commission is
Therefore, the total commission is 3,200.
Answer:
p = $ 12521.82
Step-by-step explanation:
Interest Rate = 3.6 %, Compounding Frequency: Semi-Annual, Equivalent Annual Interest Rate %
Number of Repayments is 11 with 10 being equal in magnitude and the last one being worth $ 270, the first repayment comes at the end of Year 2
Let $ p be the level payments that required. Therefore,
100,000 - 176.01 = p x 7.972
p = $ 12521.82