(2) Gabrielle is given the choice of two positions, the first paying $6400 per month and the other paying $4000 per month plus a 5% commission on all sales made during the month. What amount of sale must she make a month for the second position to be more profitable?

(2) Gabrielle is given the choice of two positions, the first paying $6400 per month and the other paying $4000 per month plus a 5% commission on all sales made during the month. What amount of sale must she make a month for the second position to be more profitable?

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...

See similar textbooks

Related questions

Q: Question 3 A soap manufacturer decides to spend 600,000 rupees on radio, magazine & TV advertising.…

Q: Jack invests $1000 at a certain annual interest rate, and he invests another $2000 at an annual rate…

Q: In the 1997, rice was selling at Rs. 6 per kg, cloth at Rs. 20 per metre, housing at Rs. 500 per…

Q: The owner of a thriving business wants to open a new office in a distant city. If he can hire…

A: Decision tree is in tree shaped form of probability, which helps to make decisions for some kind of…

Q: The manager of Brass Antiques has determined that a markup rate of 27% is necessary for a profit to…

A: We will find out the required value.

Q: Solve for cost (round to the nearest cent): LU 8-1(3) 8–3. Selling price of office furniture at…

Q: 3.If somebody invests P15,000 at 7 percent, P20,000 at 10 percent, and P 30,000 at 8 percent, what…

Q: You receive two job offers: Job A: $44,000 starting salary, with 4% annual raises Job B: $47,000…

Q: Gabrielle is given the choice of two positions, the first paying $6400 per month and the other…

Q: You are the manager of a clothing storeand have just purchased 100 dress shirts for $20.00…

A: Given : You are the manager of a clothing store and have just purchased 100 dress…

Q: Comparing two college enrollments, we have college "A," that had 14,100 students in 2005, and…

A: Let x years after 2005 both schools will have the same enrollment.College "A," that had 14,100…

Q: You are considering two job offers. Company A will start you at $19,000 a year and guarantee a raise…

A: Salary of Company A will be 19000,19000+2600,19000+5200,... It is an arithmetic progression. Total…

Q: An automobile dealer can sell 12 cares per day at a price of $15,000. He estimates that for each…

A: An automobile dealer can sell 12 cares per day at a price of $15,000. He estimates that for each…

Q: An executive invests $22,000, some at 8% and the rest at 7% annual interest. If he receives an…

Q: Amelia wants to start a side business as a hair stylist and needs $3,000 to purchase tools and…

A: Amount available to service monthly payment is: =Total income-Total expenses =$1700-$800-$120-$600…

Q: If prices increase at a monthly rate of 1.96%, by what percentage do they increase in a year

Q: A manufacturer of vertical blinds purchases raw materials for $16.00 per set of blinds and has a…

Q: You have a choice between going to an in-state college where you would pay $7500 per year for…

A: To find the yearly expenses in state college and out state college.

Q: You are choosing between two different cell phone plans. The first plan charges a rate of 19 cents…

Q: When I was considering what to do with the $15,000 proceeds from my sale of technology stock, my…

Q: Suppose that you work part-time as a sales representative at a car dealership. You earn a base…

Q: A man bought his girlfriend a new necklace for $259. Instead of paying cash, he paid $19 down,…

A: Cost price of necklace = $259 Down payment = $19 Financed the balance @ 12% simple interest Total…

Q: At the benefit performance, twenty wealthy men agreed that the first one to arrive will pay 1 peso…

A: There is total 20 wealthy men.

Q: A man sells an article at a profit of 25% if he had brought it at 20% less and sold it for $10.50…

Q: The trend in home building in recent years has been to emphasize open spaces and great rooms, rather…

A: Introduction: When the size of the home increases by 100 square feet, the component "square feet"…

Q: Tom and Jerry decided that their profit and loss sharing ratio should be equal to their initial…

Q: Solve each of the following word problems. 1. By selling goods for Birr 175.50, a merchant made a…

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Here are the changes to the original problem and the revised conditions for this decision-making…

A: (a) In unfavorable market the constriction of large facility would result is $190,000 loss and…

Q: The owner of shop is contemplating adding a new product which will require additional monthly…

A: Given, Monthly payment(F) = Br 6000 Variable cost(V) = Br 2 Selling price(S) = Br 7 (A) Product sold…

Q: For an organisation whose funding in 2006 was above the average would you expect their funding in…

A: Given: 2006 2018 247 240 142 153 124 166 18 40 2 3

Q: One safe investment pays 10% per year, in a more risky investment pays 18% per year. A woman who has…

A: Given, Safe investment pays 10% per year More risky investment pays 18% per year Woman wants to…

Q: Gabrielle is given the choice of two position,the first paying $6400 per month and the other paying…

Q: On Monday, a company stock closed at a price of $30.80 per share. On Tuesday, it increased by $1.20…

Q: 4. A professional basketball team plays in a stadium that holds 23,000 spectators. With ticket…

A: (60,18000),(55,20000)

Q: Jed and Ej decided that their profit and loss sharing ratio should be equal to their initial capital…

Q: Predict the sales price of a 1900 square feet, 10-year old house that has 7 rooms, 3 of which are…

Q: Roberto bought a $420,000 house, paying 10% down, and financing the rest at 6.4% interest for 30…

A: Given: Total amount= $420,000 r=6.4% , t= 30 years monthly pay =$2364.41 Solution: He pays 10% of…

Q: Solve the following problems 1. A wholesale price list show that 50 bottle milk cost RM220. If 5…

A: Given: 50 bottle milk cost RM 220

Q: The trend in home building in recent years has been to emphasize open spaces and great rooms, rather…

A: The regression equation from the model is given by: sales price (thousand dollars) = 19.5 + 0.1079…

Q: A bank loaned out $14000, part of it at the rate of 7% per year and the rest at 17% per year. If the…

Q: Year Sales (X) in millions Profit (Y) in millions XY X^2 Y^2 2003 10 0.5 5 100 0.25 2004 12 0.75 144…

A: Here, first we need to calculate the correlation between X and Y. The formula to be used is as…

Q: A publisher for a promising new novel figures fixed costs (overhead, advances, promotion,…

A: Let the total number of novels sold be n. The total cost is obtained as follows.

Q: A woman invests $35,000, part at 8% and the rest at 9 1 2% annual interest. If the 9 1 2%…

A: Assume amount invested at 8% = x amount invested at 9 1/2% = y Now we will write two equations and…

Q: When hired at a new job selling jewelry, you are given two pay options: Option A: Base salary of…

A: Option A: Base salary of $14,000 a year, with a commission of 12% of your sales.Option B: Base…

Q: A person invested in two accounts, one paying 5% simple annual interest and the other paying 4%…

A: topic -simple interest

Q: A publisher for a promising new novel figures fixed costs at $33,805 and variable costs at $2.7 for…

A: Topic- functions

Q: Question 8: two telephone booths for local calls. The owner of booth A charges Charlie $35 per month…

A: Given,

Q: A phone company charges an activation fee of $27.00, plus a cost of  $50.00 for a monthly plan.…

A: Given: A phone company charges an activation fee of $27.00, plus a cost of  $50.00 for a monthly…

Concept explainers

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.

Question

(2) Gabrielle is given the choice of two positions, the first paying $6400 per month and the other
paying $4000 per month plus a 5% commission on all sales made during the month.
What amount of sale must she make a month for the second position to be more profitable?

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Linear Equations$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.

Similar questions

Last year, at Haven's Pond Car Dealership, for a particular model of BMW, Jeep, and Toyota, one could purchase all three cars for a total of $140,000. This year, due to inflation, the same cars would cost $151,830. The cost of the BMW increased by 8%, the Jeep by 5%, and the Toyota by 12%. If the price of last year's Jeep was $7,000 less than the price of last year's BMW, what was the price of each of the three cars last year?
What is the total effect on the economy of a government tax rebate of $500 to each household in order to stimulate the economy if each household will spend of the rebate in goods and services?
Jed and Ej decided that their profit and loss sharing ratio should be equal to their initial capital investment. If Jed and Ej had capital balances of P 200, 000.00 and P 100, 000.00, respectively, how much profit would Ej get if Jed got P 50,000.00 for last year?
one safe investment pays 10% per year, and a riskier investment pays 18% per year. A woman who has $145,600 to invest would like to have an income of $20,000 per year from her investments. How much should she invest at each rate?
Suppose the chamber of commerce in Pinehurst, North Carolina decided to hold a professional golf tournament at the famous Pinehurst Country Club. They would probably be able to get a TV contract from a major network. The TV revenue would be about $4 million, and they would sell 60,000 tickets at $8 apiece. The fund for prizes would be 20% of their total revenue (TV plus tickets) rounded to the nearest $10,000. The prizes would be as follows (all prizes are rounded to the nearest dollar): First prize: 18% of the total prize money Second prize: 60% of the first prize Third prize: 65% of the second prize Fourth prize: 70% of the third prize Fifth prize: 75% of the fourth prize Sixth prize: 6% of the remaining prize money Seventh prize: $900 less than sixth prize Eighth prize: $900 less than seventh prize And so on, with each subsequent prize $900 less than the previous prize. The final prize would be whatever was left over, even if it…
A tutor at ABC learning center receives a monthly base pay of P8,000 corresponding to a P5,000 tutorial fee input to the center. he gets a share of 15% of all tutorial fees beyond the mandatory P15,000 input. If each student he handles pays P6,000/month on tutorial fees and he has five students for the month, how much share does he receive beyond his base pay?
A recent college graduate has job offers for a sales position in two computer firms. Job A pays $50,000 per year plus 10% commission. Job B pays only $40,000 per year, but the commission rate is 20%. How much yearly business must the salesman do for the second job to be more lucrative?
A company found that its profits for February of this year were 22% higher than its profits for January this year. If the total profit for those two months was $45,000 what was the January profit this year?
You are considering two job offers. Company A will start you at $19,000 a year and guarantee a raise of $2600 per year. Company B will start you at a higher salary, $27,000 a year, but will only guarantee a raise of $1200 per year. Find the total salary that each company will pay over a ten-year period. Which company pays the greater total amount?
Hello, Please for your assistance. (2) Gabrielle is given the choice of two positions,the first paying $6400 per month and the other paying $4000 per month plus a 5% commission on all sales made during the month. What amount of sale must she make a month for the second position to be more profitable?