Answer:
.
.
Step-by-step explanation:
What's the total income of Ms. Wolf in a year?
The annual income of Ms. Wolf comes in two parts:
- The fixed salary of $50,000, and
- The 4% commission on shares she sold.
How many commission does Ms. Wolf receive for each share she sold?
.
Let the number of shares that Ms. Wolf sold be
. Ms. Wolf will receive a commission of
.
Total annual income of Ms. Wolf:
.
The phrase "at least" indicates that
shall be greater than or equal to $70,000. That is:
.
.
.