Can someone please help me with this problem? A fastpitch softball player signs a six year contract. Her agent expects that she will earn $1,000,000 over the next six years. If the agent is right, how many bonus payments, on average, should the pitcher expect each year? Explain

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proz

Answer:

The question is not complete, below is the complete question:

A fastpitch softball player signs a six-year contract. Her agent expects that she will earn $1,000,000 over the next six years. If the agent is right, how many bonus payments, on average, should the pitcher expect each year? Explain

Yearly Salary: $20.000. Bonus for each game that attracts 100+ fans: $8.000.

Answer:

on average, the pitcher expects to earn 18.3 bonuses per year

Step-by-step explanation:

Total amount earned over the next 6 years = $1,000,000

salary per year = $20,000

salary for the next 6 years = 20,000 × 6 = $120,000

Next, let us calculate the amount earned from bonuses:

Total amount earned = amount earned from salaries + amount earned from bonuses

$1,000,000 = 120,000 + Amount earned from bonuses

Amount earned from bonuses = 1,000,000 - 120,000

Amount earned from bonuses = $880,000

Total bonus amount earned over six years = $880,000

Amount of bonus earned per game = $8,000

Number of bonuses received over the next 6 years = (Total bonus earned over six years) ÷ (Amount of bonus earned per game)

Number of bonus received over the next 6 years = 880,000 ÷ 8,000

Number of bonus received over the next 6 years = 110 bonuses

6 years = 110 bonuses

1 year = 110 ÷ 6 = 18.33 bonuses

on average, the pitcher expects to earn 18.3 bonuses per year