2) Mrs. Radner would like to have a $30,000 down payment forah use. How much must she invest today in order to have this down payment in 50 months? The investment is earning interest at
3.55% compounded quarterly.
(4 marks)

the answer is the third / last answer

step-by-step explanation:

$2416.6

step-by-step explanation:

per hour = $ 25

total work time = 35

commission = 15%

total she has to make = $ 4,500

let she sold x dollar products

so her commission will be 15 % of x

now

total = weekly basic pay + commission

4500= (25*35) + 15 % of x

4500=875 + * x

4500-875 =   * x

3625= * x

multiplying wwith 100 on both sides gives

36250 = 15 x

now

x =  

x= $2416.6