SOLUTION: Please help me figure out this word problem. I am totally lost. An account executive receives a base salary plus a commission. On $40,000 in monthly sales, an account executive w

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: Please help me figure out this word problem. I am totally lost. An account executive receives a base salary plus a commission. On $40,000 in monthly sales, an account executive w      Log On


   

Question 915388: Please help me figure out this word problem. I am totally lost.
An account executive receives a base salary plus a commission. On $40,000 in monthly sales, an account executive would receive compensation of $2200. On $50,000 in monthly sales, an account executive would receive compensation of $2400. Determine a linear function that yields the compensation y of a sales executive for a given amount of monthly sales x.
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
Back to the Basics
(50,000, 2400)
(40,000, 2200) m =%28y%5B1%5D+-+y%5B2%5D%29%2F%28x%5B1%5D+-+x%5B2%5D+%29 =200/10,000 = .02
***Using point-slope form, y+-+y%5B1%5D+=+m%28x+-+x%5B1%5D%29P(40,000,2200)
y - 2200 = .02(x - 40000)
y = .02x + $1400