Question

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

Answer 1

110 bonus payments

Explanation:

Yearly salary is 20,000. So in 6 years, she will get:

20,000 * 6 = 120,000

Her agent's expectation is 1,000,000 and her salary would cover 120,000

So remaining is 1,000,000 - 120,000 = 880,000

This amount will be taken from bonus payments where bonus is 8000 for every game that attracts 100+ fans. SO we divide 880,000 by 8000 to get the number of bonus payments.

880,000/8000 = 110