A stockbroker earns a base salary of $40,000 plus 5% of the total value of the stocks, mutual funds, and other investments that
the stockbroker sells. Last year, the stockbroker earned $71,750. What was the total value of the investments the stockbroker sold?
1 answer:
40,000 + .05x = 71,750
.05x = 31750
x = 635,000
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