Math Problem Statement

Working as an insurance salesperson, Ilya earns a base salary and a commission on each new policy. Ilya's weekly income, I, depends on the number of new policies, n, sold during the week. If $760 was earned from selling 3 new policies last week, and $920 was earned selling 5 new policies this week, then find a linear equation, I(n).

Begin your answer with I(n)=. Do not include any extra spacing between characters and use the / to represent a fraction line.

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Linear Equations

Formulas

Linear equation: I(n) = b + c * n

Theorems

Linear relationship

Suitable Grade Level

Grades 9-12