Answered: Marc earns a yearly bonus of 1.6% of…

Marc earns a yearly bonus of 1.6% of all sales he makes during the year in excess of $82,000. Determine what Marc’s annual sales must be to earn a yearend bonus of at least $1,800.

Elementary Algebra

17th Edition

ISBN:9780998625713

Author:Lynn Marecek, MaryAnne Anthony-Smith

Publisher:Lynn Marecek, MaryAnne Anthony-Smith

Chapter3: Math Models

Section3.2: Solve Percent Applications

Problem 3.40TI: Susana invested a principal of $36,000 in her bank account with interest rate 6.5%. How much...

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Question

Marc earns a yearly bonus of 1.6% of all sales he makes during the year in
excess of $82,000. Determine what Marc’s annual sales must be to earn a yearend bonus of at least $1,800.

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