In a certain company a salesman is paid a fixed salary for $3140 per month plus an annual commision of 2% on the TOTAL value of 
cars sold for the year. If the salesman sold cars valued at $720000 in 2009 calculate:
(i) his fixed salary for the year
(ii) the amount he recieved in commision for the year
(iii) his TOTAL income for the year
       
      
                
     
    
    
    
    
    1 answer:
            
              
              
                
                
Step-by-step explanation:
(i) 12 months × fixed salary 
 = 12 × 3140 
 = 37680 $ 
(ii) commission = total × 2% 
 = 720000 × 0.02 
 = 14400 $ 
(iii) fixed salary + commission 
 = 37680 + 14400 = 52080 $ 
 
                                
             
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Answer:
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