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Tom uses the linear model of y = 35,000 + 0.45x to anticipate his salary from completing x amount of dollars' worth of jobs.

Given that percent can be expressed in decimal form (example: 25% of a value y can be written as 0.25y) answer the following:

Tom uses the linear model of y = 35,000 + 0.45x to anticipate his salary from completing x amount of dollars' worth of jobs.

What is Tom's base salary? What percent commission does he earn? Would you be able to use the same equation for Tom the next year? Why or why not?
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1 Answer

Hi Monica;
Tom's base salary is 35,000.
His commission is 45%.
Next year, he will likely renew his contract with his company and these figures may change.