We need to separate his total earnings out into the different categories:
Category 1 (2%): 30,000
Category 2 (3%): 60,000-30,000 = 30,000
Category 3 (5%): 92,000-60,000 = 32,000
To calculate a percentage we multiply by that percentage divided by 100.
Now we can work out the commissions:
1) 30,000*0.02 = $600
2) 30,000*0.03 = $900
3) 32,000*0.05 = $1600
Adding these together, we get $3100
Answer:
Option d.
y2-y1/X2-X1
Step-by-step explanation:
I hope it helped U
stay safe stay happy
Should be 180 my g, I’m pretty sure
Answer:
Cash price
Step-by-step explanation:
The computation is shown below:
The Interest rate per month (r) = (9% ÷ 12) = 0.75%
Now Present value of the monthly payment is
= PMT × {[(1 + rate of interest)^number of years - 1] ÷ rate of interest}
= 1,499 × {[(1 + 0.75%)^12 - 1] ÷ 0.75%}
= 18,748.89
And the cash price is 15,999
So, the cash price would be lower
