A car salesperson's annual income depends on the amount of his sales. His annual income is a salary of $11500 plus 12% of his annual sales. Write a linear equation for his annual income for sales of x dollars. ( I = mx + b ).
11500=I
i Don't know what is mx+b is.
2 answers
11500=12x+b
Income=.12*Sales + 11500
m is the slope, in this case .12, x is the amount of sales in dollars
m is the slope, in this case .12, x is the amount of sales in dollars