Kayla earns 6.5% in commissions on her home sales. She also earns a yearly salary of $12000. She would like to earn a total of $

Question

3 years ago

6

Kayla earns 6.5% in commissions on her home sales. She also earns a yearly salary of $12000. She would like to earn a total of $

45000 per year. What is the total value of the homes she must sell to achieve her goal? Show the work on how you solve it please, it will be very much appreciated :)

Mathematics

1 answer:

allsm [11] · Answer 1 · 2021-12-03T16:21:08+03:00

0.065s+12000=45000

This is the formula you would use. Where 0.065 is 6.5% in decimal form, s is the value of the homes she must sell, 12000 is her yearly salary and 45000 is the total she wants to earn.

0.065s+12000=45000
-12000 -12000
0.065s=33000
-------- --------
0.065 0.065
s=507,692.31 (rounded to the nearest hundredth)

The total value of the homes she must sell to earn a total of $45000 is $507,692.31