Question

Aidan's goal is to find a job that provides an income of at least $70,000 a year. Shantel's Furniture offers him a job paying a base salary of $16,000 a year, plus a commission of 7% of his sales. Determine what Aidan's total sales will need to be for him to have a yearly income greater than or equal to $70,000. If Aidan takes the job with Shantel's Furniture, he will need to have at least $ in total sales to have a yearly income greater than or equal to $70,000 per year.

Answer 1

70,000 - 16,000 = 54,000 (money needed from commissions)
sales needed = 54,000 / .07 =
771,428.57