Let x be the commission which is equal to 12% of all her sales of $28950:
x=0.12($28950)

x=$3474

x=$3474

Question

asked 2021-02-08

Teresa earns a weekly salary of $925 and a 5% commission on her total sales. Ramón earns a weekly salary of $1,250 and a 3% commission on sales. What amount of sales, x, will result in each of them earning the same amount for the week?

asked 2020-12-09

Serena has job offers from two car dealerships. Classic Cars offers her a base salary of $22,000 per year plus an additional 1% commission on all sales she makes. Sweet Rides offers her a base salary of $13,000 per year plus an additional 2.5% commission on all sales she makes. Determine the amount of car sales in dollars for which both dealerships will pay Serena the same amount. Explain which offer Serena should accept based on the amount of car sales she expects to have.

asked 2021-02-10

A salesperson earns $50 a day plus 12% commission on sales over $200. If her daily earnings are $76.88, how much money in merchandise did she sell?

asked 2021-01-13

Chase wants to earn at least $900 this month in commission. What is the minimum amount he needs to sell in order to earn $900 it he earns a 3.3% commission on everything he sells? Round to the nearest dollar.

asked 2020-11-12

Finance bonds/dividends/loans exercises, need help or formulas

Some of the exercises, calculating the Ri is clear, but then i got stuck:

A security pays a yearly dividend of 7€ during 5 years, and on the 5th year we could sell it at a price of 75€, market rate is 19%, risk free rate 2%, beta 1,8. What would be its price today? 2.1 And if its dividend growths 1,7% each year along these 5 years-what would be its price?

A security pays a constant dividend of 0,90€ during 5 years and thereafter will be sold at 10 €, market rate 18%, risk free rate 2,5%, beta 1,55, what would be its price today?

At what price have i purchased a security if i already made a 5€ profit, and this security pays dividends as follows: first year 1,50 €, second year 2,25€, third year 3,10€ and on the 3d year i will sell it for 18€. Market rate is 8%, risk free rate 0,90%, beta=2,3.

What is the original maturity (in months) for a ZCB, face value 2500€, required rate of return 16% EAR if we paid 700€ and we bought it 6 month after the issuance, and actually we made an instant profit of 58,97€

You'll need 10 Vespas for your Parcel Delivery Business. Each Vespa has a price of 2850€ fully equipped. Your bank is going to fund this operation with a 5 year loan, 12% nominal rate at the beginning, and after increasing 1% every year. You'll have 5 years to fully amortize this loan. You want tot make monthly installments. At what price should you sell it after 3 1/2 years to lose only 10% of the remaining debt.

Some of the exercises, calculating the Ri is clear, but then i got stuck:

A security pays a yearly dividend of 7€ during 5 years, and on the 5th year we could sell it at a price of 75€, market rate is 19%, risk free rate 2%, beta 1,8. What would be its price today? 2.1 And if its dividend growths 1,7% each year along these 5 years-what would be its price?

A security pays a constant dividend of 0,90€ during 5 years and thereafter will be sold at 10 €, market rate 18%, risk free rate 2,5%, beta 1,55, what would be its price today?

At what price have i purchased a security if i already made a 5€ profit, and this security pays dividends as follows: first year 1,50 €, second year 2,25€, third year 3,10€ and on the 3d year i will sell it for 18€. Market rate is 8%, risk free rate 0,90%, beta=2,3.

What is the original maturity (in months) for a ZCB, face value 2500€, required rate of return 16% EAR if we paid 700€ and we bought it 6 month after the issuance, and actually we made an instant profit of 58,97€

You'll need 10 Vespas for your Parcel Delivery Business. Each Vespa has a price of 2850€ fully equipped. Your bank is going to fund this operation with a 5 year loan, 12% nominal rate at the beginning, and after increasing 1% every year. You'll have 5 years to fully amortize this loan. You want tot make monthly installments. At what price should you sell it after 3 1/2 years to lose only 10% of the remaining debt.

asked 2020-10-20

Last Saturday, 1,750 people attended an event at Farway Gardens. The admission fee was $3.50 for children and $8.00 for adults. If the total amount of money collected at the event was $9,860, how many children and how many adults attended the event?

asked 2021-03-07

A farmer sells corn for $6.00/bu and soybeans for $15.00/bu. The entire 3150 bu sells for $22,950. How much of each is sold?

asked 2020-11-10

A trust fund has $200,000 to invest. Three alternative investments have been identified, earning 10 percent, 7 percent, and 8 percent, respectively. A goal has been set to earn an annual income of $16,000 on the total investment. One condition set by the trust is that the combined investment in alternatives 2 and 3 should be triple the amount invested in alternative 1. Determine the amount of money which should be invested in each option to satisfy the requirements of the trust fund.

asked 2021-02-24

A 1966 Andy Warhol portrait of Marlon Brando on his motorcycle sold for $5 million at Christie's in 2003. On November 14, 2012, the work was sold again by Christie's for about 4 4/5 times the amount paid in 2003. How much was paid for the portrait in 2012?

asked 2021-02-25

Celine, Devon, and another friend want to purchase some snacks that cost a total of $7.50. They will share the cost of the snacks. Which of these statements is true?

A. An equation that can be used to find x, the amount of money each person will pay is x+3=7.5. The solution to the equation is 4.5, so each person will pay $4.50.

B. An equation that can be used to find x, the amount of money each person will pay is x+3=7.5. The solution to the equation is 10.5, so each person will pay $10.50.

C. An equation that can be used to find x, the amount of money each person will pay is x⋅3=7.5. The solution to the equation is 2.5, so each person will pay $2.50.

D. B. An equation that can be used to find x, the amount of money each person will pay is x⋅3=7.5. The solution to the equation is 22.5, so each person will pay $22.50.

A. An equation that can be used to find x, the amount of money each person will pay is x+3=7.5. The solution to the equation is 4.5, so each person will pay $4.50.

B. An equation that can be used to find x, the amount of money each person will pay is x+3=7.5. The solution to the equation is 10.5, so each person will pay $10.50.

C. An equation that can be used to find x, the amount of money each person will pay is x⋅3=7.5. The solution to the equation is 2.5, so each person will pay $2.50.

D. B. An equation that can be used to find x, the amount of money each person will pay is x⋅3=7.5. The solution to the equation is 22.5, so each person will pay $22.50.