Write an algebraic model for this situation: If an employee sells furniture with

S    =  25  000   +  0.08*x

Step-by-step explanation:

The complete question reads as follows.

The table below shows the salary plan for new employees at a company that sells furniture. A new employee earns $25,000 in base salary and 8% commission on furniture sold after his or her first $2,000 in sales for the year.

Complete the table by entering a new employee’s yearly salary at each level of sales.

Write an algebraic model for this situation: If an employee’s furniture sales total $2,000 or less. Use S to represent the yearly salary and x to represent the yearly sales.

Write an algebraic model for this situation: If an employee sells furniture with a total sales price of x dollars and x is over $2,000. Use S to represent the yearly salary and x to represent the yearly sales.

If      

S    =  25  000   +  0.08*x  

Step-by-step explanation:

(1+p)^4 = 5.0625

1+p = 5.0625^0.25 = 1.5

p = 0.5