A certain man works in sales and earns a base salary of $1000 per month plus 5% of his total sales for the month. (a) Explain why his total monthly income I is a linear function of total sales S, both measured in dollars. The change in I is always the same, a 1 dollar increase in S. x dollar increase for 1000 (b) How much does he earn if he sells $1400 in merchandise in a month? (Round your answer to the nearest cent.) $ 1400.05 (c) Write a formula that gives total monthly income I as a linear function of sales S in a month. (Round equation parameters to two decimal places.) I = (d) What should his monthly total sales be if he wishes to earn $1400 this month? (Round your answer to the nearest cent.) $

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter3: Straight Lines And Linear Functions
Section3.CR: Chapter Review Exercises
Problem 8CR: Working on a Commission A certain man works in sales and earns a base salary of 1000 per month plus...
icon
Related questions
Topic Video
Question
8
A certain man works in sales and earns a base salary of $1000 per month plus
5% of his total sales for the month.
(a) Explain why his total monthly income I is a linear function of total sales
S, both measured in dollars.
The change in I is always the same,
x dollar increase
for
1000
a 1 dollar increase in S.
(b) How much does he earn if he sells $1400 in merchandise in a month?
(Round your answer to the nearest cent.)
$ 1400.05
(c) Write a formula that gives total monthly income I as a linear function of
sales S in a month. (Round equation parameters to two decimal places.)
I =
(d) What should his monthly total sales be if he wishes to earn $1400 this
month? (Round your answer to the nearest cent.)
$
Transcribed Image Text:A certain man works in sales and earns a base salary of $1000 per month plus 5% of his total sales for the month. (a) Explain why his total monthly income I is a linear function of total sales S, both measured in dollars. The change in I is always the same, x dollar increase for 1000 a 1 dollar increase in S. (b) How much does he earn if he sells $1400 in merchandise in a month? (Round your answer to the nearest cent.) $ 1400.05 (c) Write a formula that gives total monthly income I as a linear function of sales S in a month. (Round equation parameters to two decimal places.) I = (d) What should his monthly total sales be if he wishes to earn $1400 this month? (Round your answer to the nearest cent.) $
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Knowledge Booster
Algebraic Operations
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
Recommended textbooks for you
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage