SOLUTION: To Whom It May Concern: There are a total of 157 units that are worth $20 a piece, and I am to get 8% per each unit. How much will I be receiving? Is it 1.6x157=$251.20

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: To Whom It May Concern: There are a total of 157 units that are worth $20 a piece, and I am to get 8% per each unit. How much will I be receiving? Is it 1.6x157=$251.20       Log On

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Question 861434: To Whom It May Concern:
There are a total of 157 units that are worth $20 a piece, and I am to get 8% per each unit.
How much will I be receiving?
Is it 1.6x157=$251.20
Thank you!

Answer by richwmiller(17219) About Me  (Show Source):
You can put this solution on YOUR website!
total or per unit?
.08*20=$1.60 per unit
.08*20 *157=$251.20 total