Isadore Vogt has a new sales job that pays a straight commission of 4% on all sales. The average weekly sales for his territory are $20,400. At this sales rate, how much could Isadore earn in one year of work,rounded to the nearest thousand?

Respuesta :

Answer:

$42,000 ( rounded to nearest thousand )

Step-by-step explanation:

The average weekly sales for his territory =$20,400

Number of weeks in a year = 365/7≈52

Hence total sales in a year = 52 x $20,400

= $10,60,800

The rate of commission = 4%

Hence commission earned on sales for the full year = 4% of  $10,60,800

= 0.04 x  $10,60,800

= $42,432

Hence Isadore earns an commission of $42,000 ( rounded to nearest thousand ) per year