41
RCMultiple Choice

Cumulative Exam — Cumulative exam

Question 41 • Mathematical Models with Applications - MA4072 CR

Your current biweekly gross salary is $1,343.77. You also earn a 7% commission on your monthly sales. If last month you sold $34,000 of product, determine your last month’s gross salary pay. (Hint: Assume that there are two pay periods each month.)

Answer
A
$2,687.54
B
$2,380.00
C
$4,978.32
D
$5,067.54

Explanation

There are two biweekly pay periods in a month, so your regular monthly gross pay is $1,343.77 × 2 = $2,687.54. Your commission is 7% of $34,000, or $2,380. Add them to get $2,687.54 + $2,380 = $5,067.54. The correct choice is $5,067.54.

AI-written and checked against the verified answer.

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