Question

a real estate agent receives a salary of $250 per week plus a commission of 2% of sales. write an equation that gives the weekly income y in terms of sales x.

Answer 1

The equation that gives the weekly income (y) of a real estate agent in terms of sales (x) is:

y = $250 + 0.02x

In this equation, the agent's weekly income (y) is determined by adding a fixed salary of $250 to a commission of 2% (0.02) of the sales (x).