Nick, a salesman, earns a base salary of $600/week plus an 8% commission on sales. The amount of money Nick earns in a week is E, and the total value of his sales is s. Write an equation that relates the variables. Also, how much will Nick have to sell if he earns $1560 in one week?
E = 600 +(.08) s will tell you how much he makes in a week (E)
1560 = 600 + (.08) s Solve for 's' (sales)
960 = .08 s
960/(.08) = s = $ 12,000 in sales needed