If your base pay is $10,000, your commission rate is 40%, you sell 15 cars, and you earn $40,000, how much does each car cost?

$5,000.

Step-by-step explanation:

Let x represent cost of each car.

We have been given that your base pay is $10,000, your commission rate is 40%, you sell 15 cars, and you earn $40,000. We are asked to find the cost of each car.

The commission earned on each car would be .

The commission earned for selling 15 cars would be .

The total amount earned by you would be base salary plus amount earned in commission.

Therefore, the cost of each car is $5,000.

i think it's either c or d

step-by-step explanation: the entire question is extremely odd. 04 obviously refers to the interest rate. honestly i will say the answer is c. because the (2 x 12) part would mean it's compounded semiannually. i'll say choose c.

2nd one in the first row is correct