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Julio Is Paid on a Graduated Commission Scale of 5

Question 324

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Julio is paid on a graduated commission scale of 5% on the first $20,000 of sales in a month, 7.5% on the next $20,000, and 10% on all additional sales. a) What will he be paid for a month in which his sales are $54,880? b) What single commission rate on all sales would result in the same earnings for the month?

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A) $3,988....

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