anonymous
  • anonymous
Carissa has been hired as a saleswoman. She is paid a flat rate of $650 each week and earns an additional $13.25 commission for each sale. If her goal is to make $1,021 in one week, how many sales must Carissa make? a. 28 b. 50 c. 78 d. 127 @myko @aaronq @ganeshie8 @.Sam. @thomaster @uri @dan815 @RadEn
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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chestercat
  • chestercat
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
ganeshie8
  • ganeshie8
she gets $650 flat, and $13.25 for every sale she makes so total money she gets is, money = $650 + sales x $13.25
ganeshie8
  • ganeshie8
her goal is earn $1,021 1021 = 650 + sales x 13.25
ganeshie8
  • ganeshie8
solve sales

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More answers

anonymous
  • anonymous
how do i solve this equation?
ganeshie8
  • ganeshie8
to solve sales, we need to isolate it 1021 = 650 + sales x 13.25 subtract 650 both sides
ganeshie8
  • ganeshie8
1021 = 650 + sales x 13.25 -650 -650
anonymous
  • anonymous
371
ganeshie8
  • ganeshie8
yes 371 = sales x 13.25
ganeshie8
  • ganeshie8
next, divide 13.25 both sides
ganeshie8
  • ganeshie8
371 = sales x 13.25 /13.25 /13.25 371/13.25 = sales sales = 371/13.25
anonymous
  • anonymous
28!!!
ganeshie8
  • ganeshie8
yes ! so she has to make 28 sales to reach her goal of $1,021
anonymous
  • anonymous
you so much. will you help me with these? Nat bought a dishwasher from a rental center for $639. He makes six monthly payments of $129.52 with his credit card. The rental center charges $2.95 for every purchase made with a credit card. He also had to pay late fees in the amount of $27 three different times. What is the total cost of the dishwasher?
anonymous
  • anonymous
Eustis purchased a living room set for $2,784 using a 12-month deferred payment plan. The interest rate after the introductory period is 24.90%. A down payment of $225 is required as well as a minimum monthly payment of $107. What is the balance after the introductory period if only the minimum payment is made until then?
ganeshie8
  • ganeshie8
one by one :)
anonymous
  • anonymous
your awesome thank you :)
anonymous
  • anonymous
letsstart with nat?
ganeshie8
  • ganeshie8
yes :) Focus only on the money thats going from his pocket(credit card)
ganeshie8
  • ganeshie8
He makes six monthly payments of $129.52, and since they charge $2.95 everytime he swipes the card, so, he paid the money : 6x(129.52+2.95)
ganeshie8
  • ganeshie8
also since he got delayed in payment 3 times, he paid penalty of $27, 3 times. so overall, he paid :- 6x(129.52+2.95) + 3x27
ganeshie8
  • ganeshie8
simplify
anonymous
  • anonymous
ok let me try this :p
anonymous
  • anonymous
bleh i dont know how :( i only did inside the ()
ganeshie8
  • ganeshie8
just put it in calculator
ganeshie8
  • ganeshie8
here, it is : http://www.wolframalpha.com/input/?i=6%28129.52%2B2.95%29+%2B+3%2827%29
anonymous
  • anonymous
so which one is it? theres two answers. 875.82 and 794.82? and they are both in my answer choices :(
ganeshie8
  • ganeshie8
875.82
ganeshie8
  • ganeshie8
the other one is some other calculation. ignore it :)
anonymous
  • anonymous
oh gotcha lol:) thank you so much! yay yay yay!
ganeshie8
  • ganeshie8
:) is the next question from financial algebra ?
anonymous
  • anonymous
yes all of these are :( haha
ganeshie8
  • ganeshie8
omg ! no wonder these are a bit tough
ganeshie8
  • ganeshie8
Eustis purchased a living room set for $2,784 using a 12-month deferred payment plan. The interest rate after the introductory period is 24.90%. A down payment of $225 is required as well as a minimum monthly payment of $107. What is the balance after the introductory period if only the minimum payment is made until then?
anonymous
  • anonymous
im glad im not the only one! lol. ok lets figure out eustis' situation lol
ganeshie8
  • ganeshie8
yes, living room set price is $2,784 you paid a down payment of, $225 you paid minimum monthly payments of $107 for 12 months : 12x107 so, overall, you paid how much ?
anonymous
  • anonymous
1284?
ganeshie8
  • ganeshie8
add downpayment 225 also
anonymous
  • anonymous
1509?
ganeshie8
  • ganeshie8
so, overall, you paid : 1284 + 225 = ?
ganeshie8
  • ganeshie8
yes u paid 1509
ganeshie8
  • ganeshie8
wats the balance amount pending ?
ganeshie8
  • ganeshie8
simply subtract 1509 from the original price of 2784
anonymous
  • anonymous
1275?
ganeshie8
  • ganeshie8
1275 is \(\large \color{Red}{\checkmark}\)
anonymous
  • anonymous
i wish :(
anonymous
  • anonymous
here are the choices a. $1,990.18 b. $2,053.07 c. $3,167.18 d. $3,274.18
ganeshie8
  • ganeshie8
ok, this is compound interest problem then. u remember the formula ?
anonymous
  • anonymous
unfortunentally not :(
ganeshie8
  • ganeshie8
ok, its like this, original price is 2784, since u made down payment of 225, the balance is, 2784-225 = 2559
ganeshie8
  • ganeshie8
after that, u made monthly payments 12 times. each month u need to calculate the interest and add it to the balance
ganeshie8
  • ganeshie8
prevously, we didnt account for the interest. BUT THE QUESTION wants you account for interest aswell. lets do it, ok ?
ganeshie8
  • ganeshie8
wats the interest ?
anonymous
  • anonymous
.2490?
ganeshie8
  • ganeshie8
yes, thats for year. for month, the interest is .2490/12 = ?
anonymous
  • anonymous
.02075?
ganeshie8
  • ganeshie8
so, after 1 month, balance = 2559(1+.02075) - 107
ganeshie8
  • ganeshie8
you must do it 12 times, (since you dont remember the formula)
ganeshie8
  • ganeshie8
after 1 month, balance = 2559(1+.02075) - 107 = 2505.1
ganeshie8
  • ganeshie8
after 2 months, balance = 2505.1(1+.02075) - 107 = ? ......... after 12 months, balance = ?
ganeshie8
  • ganeshie8
hope u see how complex it is.. :)
anonymous
  • anonymous
ugh i dont know :( 2450.08?
anonymous
  • anonymous
?
ganeshie8
  • ganeshie8
not sure, im not getting one of the listed answer... @amistre64 may be able to help, when he is online..
ganeshie8
  • ganeshie8
question is this :- Eustis purchased a living room set for $2,784 using a 12-month deferred payment plan. The interest rate after the introductory period is 24.90%. A down payment of $225 is required as well as a minimum monthly payment of $107. What is the balance after the introductory period if only the minimum payment is made until then? here are the choices a. $1,990.18 b. $2,053.07 c. $3,167.18 d. $3,274.18
anonymous
  • anonymous
right
anonymous
  • anonymous
well thank you so much anyways you were a huge help!
ganeshie8
  • ganeshie8
np :) these are the hardest problems i feel.. . good luck !!
amistre64
  • amistre64
Eustis purchased a living room set for $2,784 using a 12-month deferred payment plan. The interest rate after the introductory period is 24.90% A down payment of $225 is required as well as a minimum monthly payment of $107. What is the balance after the introductory period if only the minimum payment is made until then? ............................................. What defines the "introductory period", is it the 12 months defered? What is the interest rate during the introductory period? Do we assume no payments made during the introductory period? and if so, what does the minimum payment reflect? Interest only? I do not see a length of time in which to payoff the balance to zero to calculate it backwards otherwise

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