Question

Jan takes a sales job that pays 4.15% commission. He typically sells $48,500 worth of merchandise per month. What is his gross annual income?

Answer 1

Answer:

  $24,153

Step-by-step explanation:

Jan's monthly income from commissions is ...

  4.15% × $48,500 = $2012.75

Multiplied by 12 months in the year, that is ...

  $2012.75 × 12 = $24,153 . . . . gross annual income from commissions