Answered: 3. Harry's job pays $2,500 per month…

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?

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

See similar textbooks

Related questions

Q: You have been given the opportunity to buy a machine from your grandfather to make butter knives.…

Q: Jerry has been promoted to the position of regional sales manager for Marlin Enterprises. As a perk…

A: According to the Maximax rule, Jerry should choose the option that maximizes the best possible…

Q: Carl is curious about the original cost of the digital imaging equipment he uses at the First…

Q: A stockbroker's commission on a transaction is 2.5% of the first $5,000 of the transaction amount…

A: We are given that a stockbroker's commission on a transaction is 2.5% for the first $ 5000 of the…

Q: Talai manufactures cell phone cases. It plans to manufacture 200,000 cases to be sold at $8.55 each.…

Q: Solve the following problems. The appliances store put their items on sale. What are the mark-down…

A: To find the mark-down and sale price whose regular price is ₱28,500 and it is on sale for 25% of the…

Q: Ayesha works as a real estate agent. Her annual gross salary is $28,000. From this, she must pay 20%…

A: We have to find out answer of given question....

Q: In September, Ricardo Castíllo got a promotion and a raise. Because his monthly expenses did not…

A: Given : Ricardo saves 1,120 dollars which was 20% of his new salary.Lets x be the new salary amount…

Q: A manufacturer of ovens sells them for $1,540 each. The variable costs are $940 per unit. The…

A: Given information Selling price of ovens per unit=$1,540 Variable cost per unit=$940 Factory annual…

Q: Amansolda chair anda table togeather for Rs:1520 therebymakingaprofit of 25% On the chair and 10%on…

Q: Pete Corporation produces bags of peanuts. it's fixed cost is $24,000. each bag sells for $5.00 with…

A: Breakeven point in units = 16,000 Units or BagsExplanation:Breakeven point in units = Fixed…

Q: The Burr Mystery Dinner Theatre sells tickets for dinner and a show for $50 each. The cost of…

Q: A company would like to manufacture water bottles. The equipment is rented monthly and costs R16 000…

Q: Richard and Samantha are charting their monthly cash flow. They have some expenses like car repairs…

A: We have to find the amount to set aside.

Q: 3. A washing machine listed at P20,040.00 discounts. Find the a. net price b. discount is granted…

A: Given problem:- A washing machine listed at P20,040.00 is granted 20%, 10%, and 5% discounts. Find…

Q: Name: Date: Jan. 3rd, 2022 Per.: 1.- The $300 selling price of a couch is $30 less than three times…

Q: Cap's Bicycle Shop & Original Bike Museum, in Sapperton realizes a markup of $36 by selling an…

Question

100%

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?

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

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
Shawna is trying to figure out the difference between the cost of renting versus the cost of a mortgage over the next 15 years. She can lock in a fixed apartment rent rate of $1,095 per month plus $75 per month for a parking space for 15 years, or she can make a mortgage payment of $1,200 per month on a condo for 15 years. What is the difference in cost between renting an apartment versus owning a condo? $4,950 $5,400 $5,595 $5,625
In 2008, the Social Security tax percentage was 6.2% for the first $102,000 earned. The Medicare tax percentage was 1.45% of your entire salary. Darby made $143,000 in 2008. What was the maximum taxable income for Social Security in 2008?
3. Rhadika earns $600 per week and lives alone in a 1-bedroom apartment. Her monthly rent is $550. What percent of her month's income is spent on rent? Assume a 4-pay month.
2. Jack sold a t-shirt for $100, he made a profit percentage of 25%. Calculate: a. The cost price of the t-shirt b. The amount of profit Jack made. 3. James is a friend of the grocery store owner, the owner allocates to James' name, a special discount of 2% whenever he shops at the store. If James' total $156.20 calculate whether or not James' total would be under $150.00 after the discount. 4. Jake buys a shirt marked at $80. He receives a 10 per cent discount. How much does he pay for the shirt? Section 4 (Measurement) 1. Calculate the are and perimeter of a square with sides 8 cm. 2. Calculate volume of a cube with side 15 m.