5. Gerald Randolph earns a 3 percent commission on all sales. He also receives a $ 1,100 bonus if his commission exceeds $ 4,000. His total sales were $ 85,500. What was his total pay?

the answer is 200

step-by-step explanation:

the way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.

the simple interest for 2 years is $264; the simple interest for 1 year is $132.

$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.

the value of $200 at 22% interest compounded annually for three years is

200%281.22%29%5e3

the amount of interest is that value, minus the original $200.

answer

you start with $5 and save $10 a week until you have at least $45wer

step-by-step explanation:

answer: i believe the answer is e

step-by-step explanation: