Algebra 2 – Linear Equation Project Answre the Following Questions, show all your work:
Ron the realtor is offered a job directly out of real-estate school. He has a choice as to which way he will receive his salary the first year.
Salary Plan 1: He would receive a base pay of $2000 per month plus a 3% commission on each sale.
Salary Plan 2: No base pay but a 6% commission on each sale.
A. If Ron averages $45,000 in sales per month, how much would he
earn under the first plan? How much under the second plan? Which is the better choice in this case?
B. Write a verbal model for Salary Plan 1 that relates base pay, total Pay ,sales in a month, and percent commission.
C. Write a verbal model for Salary Plan 2 relating sales in a month, percent commission ,and total pay.
D. Write an equation to determine when it would be better to switch
from the first plan to the second plan. Give a one- or two-sentence answer that includes Ron’s sales in a month. Round to the nearest dollar, if necessary.
E. Ron makes a goal to earn $8000 every month. State which choice