Question 747061
A car salesman earns $18,000 a year, plus 8% of the amount of sales from the cars he sells. What is the minimum amount of sales he must make if he wants to earn at least $40,000 per year?
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Let the minimum amt. be "x":
Inequality:
18000 + 0.08x >= 40000
0.08x >= 22000
x >= $275,000
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Cheers,
Stan H.