Math Problem Statement
An account executive receives a base salary plus a commission. On $50,000 in monthly sales, an account executive would receive compensation of $2900. On $70,000 in monthly sales, an account executive would receive compensation of $3500. Determine a linear function that yields the compensation y of a sales executive for a given amount of monthly sales x.
Solution
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Math Problem Analysis
Mathematical Concepts
Linear Functions
Algebra
Slope-Intercept Form
Formulas
y = mx + b
Theorems
-
Suitable Grade Level
Grades 9-12
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