An account executive receives a base salary plus a commission. On $20,000 in monthly sales, the account executive receives $6000. On $40,000 in monthly sales, the account executive receives $7000. (a) Determine a linear function that will yield the compensation y of the sales executive for a given amount of monthly sales x. (b) Use this model to determine the account executive's compensation for $75,000 in monthly sales.
An account executive receives a base salary plus a commission. On $20,000 in monthly sales, the account executive receives $6000. On $40,000 in monthly sales, the account executive receives $7000. (a) Determine a linear function that will yield the compensation y of the sales executive for a given amount of monthly sales x. (b) Use this model to determine the account executive's compensation for $75,000 in monthly sales.
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Functions
Section9.CR: Review Problem Set
Problem 24CR: An outpatient operating room charges each patient a fixed amount per surgery plus an amount per...
Related questions
Question
An account executive receives a base salary plus a commission. On $20,000 in monthly sales, the account executive receives $6000. On $40,000 in monthly sales, the
account executive receives $7000.
(a) Determine a linear function that will yield the compensation y of the sales executive for a given amount of monthly sales x.
(b) Use this model to determine the account executive's compensation for $75,000 in monthly sales.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
Recommended textbooks for you
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning