document.write( "Question 182642: Each year, Mr. Brown, a real estate salesman, has the option of selecting the method by which his salary will be determined. Option 1 is a straight 2.67% of his total sales and Option 2 is a weekly salary of $1500 plus 0.5% of his total sales. Determine the weekly sales (in dollars) needed for Option 1 to result in the same weekly income as Option 2. After this point, what is the better option? \n" ); document.write( "

Algebra.Com's Answer #137130 by Mathtut(3670) $\"\"$ $\"About$

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Each year, Mr. Brown, a real estate salesman, has the option of selecting the method by which his salary will be determined. Option 1 is a straight 2.67% of his total sales and Option 2 is a weekly salary of $1500 plus 0.5% of his total sales. Determine the weekly sales (in dollars) needed for Option 1 to result in the same weekly income as Option 2. After this point, what is the better option
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\n" ); document.write( "option 1: I=.0267(S)
\n" ); document.write( "option 2: I=.005(S)+1500
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\n" ); document.write( "we want option 1 to equal option 2 so set the equations equal
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\n" ); document.write( ".0267S=.005S+1500
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\n" ); document.write( ".0217S=1500
\n" ); document.write( ":
\n" ); document.write( "$ $\"highlight%28S=69124.42%29\"$ in sales for option 1 to equal option 2 \n" ); document.write( "

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