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jenyasd209 [6]
3 years ago
7

Reggie works for an accounting firm. He earns $18,000 per year plus 8% of all money he saves his clients. How much money must he

save his clients to earn $2,000 per month
Mathematics
1 answer:
zubka84 [21]3 years ago
3 0

Answer:

He has to save his clients $75,000.

Step-by-step explanation:

$2,000 per month is 2*2,000 = $24,000

He eanrs a fixed rate of $18,000 per year. So in bonuses, he has to earn 24,000 - 18,000 = $6,000.

His bonuses are 8% of the money he saves his clients.

So this 8% must be $6,000. How much his 100%?

0.08 - $6,000

1 - $x

0.08x = 6000

x = \frac{6000}{0.08}

x = 75000

He has to save his clients $75,000.

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