SOLUTION: An employee has a base salary of $24,000 per year. The employee also receives a 2 percent commission on sales over $10,000 per month. The employee is paid monthly. In March, the em

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: An employee has a base salary of $24,000 per year. The employee also receives a 2 percent commission on sales over $10,000 per month. The employee is paid monthly. In March, the em      Log On

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Question 1020531: An employee has a base salary of $24,000 per year. The employee also receives a 2 percent commission on sales over $10,000 per month. The employee is paid monthly. In March, the employee sold $15,750 in products. What will the employee's gross pay be for March?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!

Hi
What will the employee's gross pay be for March
$24,000/12 + .02($15,750-$10,000)