
Maya N. answered 08/07/18
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Patient and Effective Tutor with 4 Years of Experience Teaching STEM
Hi Jes! To solve the problem, you must recognize that this problem essentially boils down to understanding the linear equation, y = mx + b. "m" is the slope; it modifies x. In this case, our m value is .15 (15% expressed as a decimal). "b" is the constant; it never changes. In this case, our b value is $500 (Al's monthly salary). "y" is the final outcome of the equation; it is the final amount that Al needs to make in the month. In this case, our y value is $2000, Al's threshold salary. "x" is the amount that Al must sell (pre-commission) to earn $2000. To solve the problem, plug the values into the equation:
y = mx + b
2000 = .15x + 500
2000 - 500 = .15x + 500 - 500
1500 = .15x
(1500 / .15) = (.15x / .15)
10,000 = x
Therefore, Al must sell $10,000 in a month to earn $2000. I hope this helps!