Question Joe is a stockbroker who is paid on commission plus a weekly salary. He earns $250 per week plus 15% of his sales over $10,000. If he makes $16,000 in sales this week, what is his weekly income?

The weekly income of joe if he earns $250 per week plus 15% of his sales over $10,000 is $1,150. Commission This is a fee charged by an agent or broker for carrying out a transaction. For instance, a reseller’s commission: The real-estate broker charged a four percent commission for their knowledge on bidding for commercial properties; for their intellectual perspective on making a formal offer and the strategy to obtain a mutually satisfying deal with the seller in favour of the buyer. Joe’s base income weekly = $250 Commission = 15% of sales over $10,000 Total sales = $16,000 Sales over $10,000 = $16,000 – $10,000 = $6,000 Joe’s weekly income = Joe’s base income weekly + 15% of sales over $10,000 = $250 + (15% × 6,000) = 250 + (0.15 × 6,000) = 250 + 900 = $1,150 Therefore, the weekly income of joe if he earns $250 per week plus 15% of his sales over $10,000 is $1,150 Learn more about commission: https://brainly.com/question/26283663 #SPJ1 Reply

weekly incomeof joe if he earns $250 per week plus 15% of his sales over $10,000 is$1,150.## Commission

feecharged by an agent or broker for carrying out atransaction.reseller’s commission:biddingfor commercial properties; for their intellectual perspective on making a formal offer and the strategy to obtain a mutually satisfyingdealwith the seller in favour of the buyer.$1,150weekly incomeof joe if he earns $250 per week plus 15% of his sales over $10,000 is$1,150commission: