Section 1-7
Chapter 1, Section 1-7: page 107 EVEN-NUMBERED ANSWERS
2. First $2,000: $2,000 × 5% = $100
Over $2,000: ( $7,740.00 – $2,000.00 ) × 8% = $459.20
Total Graduated Commission: $559.20
4. First $6,000: $6,000 × 5% = $300
Next $6,000: $6,000 × 7.5% = $450
Over $12,000: ( $14,640 – $12,000 from the first two levels) = $2,640 × 10% = $264
Total Graduated Commission: = $1,014
6. First $8,000: $8,000 × 4% = $320
Next $10,000: $10,000 × 6% =$600
Over $18,000: ( $24,550 – $18,000 from the first two levels) = $6,550 × 8% = $524
Total Graduated Commission = $1,444
8. First 10 demonstrations: 10 × $10 = $100
Over 10 demonstrations: (18 total demonstrations demonstrations from first level) = 8 × $15.50 = $124.00
Bonus level: 6 × $15 = $90
Total Graduated Commission = $314
10. $281.64
12. $2,314.34
14. 0.1025
16. ( $2,000 × 5.25% ) = $105
18. ( $3,500.00 × 15.5% ) = $542.50