Adam calculates 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.(5 points) Put responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse. 1) What is the y-intercept? Response area 2) What does the y-intercept mean in context? Response area 3) What is the slope? Response area 4) What does the slope mean in context? Response area 5) If Adam made $45,000 total annual salary, how much was his total sales?

1 answer

1) What is the y-intercept? Response area 38000.
2) What does the y-intercept mean in context? Response area The y-intercept represents Adam's base pay, which is $38,000. This is the amount of money he would earn even if he didn't make any sales.
3) What is the slope? Response area 0.28.
4) What does the slope mean in context? Response area The slope represents Adam's commission rate, which is 0.28. This means that for every dollar of sales Adam makes, he earns an additional $0.28 in commission.
5) If Adam made $45,000 total annual salary, how much was his total sales? Response area $60,000.

To calculate the total sales, we need to rearrange the equation y=0.28x+38,000 to solve for x.

y - 38,000 = 0.28x
x = (y - 38,000) / 0.28

Plugging in the given total annual salary of $45,000:
x = (45,000 - 38,000) / 0.28
x = 7,000 / 0.28
x = 25,000

Therefore, Adam's total sales for the year would be $25,000.