SOLUTION: a real estate broker's base annual salary is 18,000. she earn 3% commission on total sales. how much must she sell in real estate value during the year to earn 65,000? round final

Question 395133: a real estate broker's base annual salary is 18,000. she earn 3% commission on total sales. how much must she sell in real estate value during the year to earn 65,000? round final answer to the nearest dollar.
Found 2 solutions by rfer, stanbon:
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
(65000-18000)/0.03=1,566,667.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
a real estate broker's base annual salary is 18,000. she earn 3% commission on total sales. how much must she sell in real estate value during the year to earn 65,000? round final answer to the nearest dollar.
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Salary = 18000 + 0.03(total sales)
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Solve:
65000 = 18000+ 0.03sales
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0.03sales = 47000
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sales = $1,566,666.67
---
To nearest dollar: $1,566,667
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Cheers,
Stan H.
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