Question

Please help me with this question please is so hard

Answer 1

Answer:

1) $101,400

2) $27,000

Step-by-step explanation:

1) For this, we can first find how much she makes in a year from her salary alone:

$2,200×12= $26400.

Now, she also received a commission of 2.5%, so we can take this percentage from 3 million to find the total from commission:

3,000,000×0.025= $75,000

Adding these two gives us a total of $101400.

2) We can use the Simple Interest Formula to solve this (I= Prt). Plug in the values given to give us:

I= 5000(1.08)(5)

I= $27000