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Assume the following payment package with commission for the sales representative: - Basic salary is $ 4 0 , 0 0 0 . 0 0

Assume the following payment package with commission for the sales representative:
- Basic salary is $40,000.00 per weck after tax.
- Motor vehicle monthly allowance is $25,000.00
- Sales target $3,000,000.00 per month
-- Commission structure: Sales representative is paid 5% of monthly target if achieved and .5% on every additional $500,000 in sale up to $2,500,000 and 1% on any additional sale thereafter.
-What would be the total monthly pay to the sales representative if his sale is $ 6,500,000.00?

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