Question 4 • Personal Finance
Bob’s annual salary of $30,000 is $2,500 per month ($30,000 ÷ 12). To earn $6,000 this month, he needs $3,500 in commission ($6,000 − $2,500). Since commission is 5% of sales, he needs $70,000 in sales ($3,500 ÷ 0.05), so the correct choice is $70,000.
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