3. Harry's job pays $2,500 per month plus 5% of his total sales. His monthly expenses are $3,000. What is the minimum of Harry's total sales must be in order to cover his expenses?

You always enjoyed a Starbucks Iced Oat Latte every day (5 days a week) on your way to work at a cost of $5.70 including tax. At lunch you'd pick up a sandwich and coffee from the bakery at your office building for an all-in cost of $12.50. You were tired after your long commute so you would order out three nights a week at a cost of about $20 per meal. You have been trying to save for a trip but never had any extra cash to invest. Then COVID hit and you had to work from home. Now that you are back at your office, you are bringing your own coffee, packing your own lunch, and only eating out occasionally. You estimate you are spending only about 10% weekly of what you were spending pre- covid and saving the rest. If you invest your weekly savings into a mutual fund with an annual rate of return (APR) of 6.5%, compounded weekly, a) How much will you have accumulated at the end of two years to fund your trip? b) How much would you have to deposit in one lump sum today to have the same…

Joshua repairs tubs and jacuzzis for $340 per job. His fixed costs are $1,250 per month and variable costs are $40 per job. a. Calculate the contribution margin on each job. b. Calculate the number of orders he needs to get per month to break even.

7. Mrs. Smith is a car sales agent. She is paid a monthly salary of $700 plus commission. Last month she sold a car valued at $23,000, earning a 15% commission on sale. How much was her total pay for the month? [3] Answer