The model given is y = 0.28x + 38,000.
The slope of the equation is 0.28.
The slope of 0.28 represents the commission rate that Adam receives for each dollar of total sales he makes. This means that for every dollar of total sales, Adam earns 28 cents in commission.
To find out the total sales if Adam made $45,000 in total annual salary, plug in y = 45,000 into the equation:
45,000 = 0.28x + 38,000
Subtract 38,000 from both sides:
7,000 = 0.28x
Divide both sides by 0.28:
x = 25,000
Therefore, Adam's total sales for the year were $25,000.
Adam calculate his annual salary base pay and commission ,y, using the model y=0.28x+38,000 where x represents his total sales for the year
what is the slope
what does the slope mean in context
if Adam made 45,000 total annual salary how much was his total sales
1 answer
1 answer