Question

Arturo's goal is to find a job that provides an income of at least $60,000 a year. Kristen's Furniture offers him a job paying a base salary of $14,000 a year, plus a commission of 7% of his sales. Determine what Arturo's total sales will need to be for him to have a yearly income greater than or equal to $60,000.

If Arturo takes the job with Kristen's Furniture, he will need to have at least
$
in total sales to have a yearly income greater than or equal to $60,000 per year.

Answer 1

He will need at least 657,142.86

Explanation:

Determine how much commission he needs

60000-14000

46000

Commission is 7%

Let x be the sales

x*7% = 46000

x*.07 = 46000

Divide each side by .07

x = 46000/.07

x =657142.85714

Rounding to the nearest cent

x = 657,142.86