William is paid on a graduated commission scale as follows: 2% on the first $10,000 in sales,

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William is paid on a graduated commission scale as follows: 2% on the first $10,000 in sales, 3% on the next $15,000 in sales, and 4% on sales thereafter. His pay for the last month was $2130.

a. What were William's sales for last month?

b. What single commission rate would represent his earnings in the last month?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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