maya is choosing between several pay plans for her new job. if she usually has monthly sales of about…

maya is choosing between several pay plans for her new job. if she usually has monthly sales of about $5,000, which plan would allow maya to earn the most money in a month?\n| plan | monthly base salary | commission rate |\n| ---- | ---- | ---- |\n| a | $500 | 8% |\n| b | $600 | 7% |\n| c | $700 | 6% |\n| d | $800 | 5% |\nplan a\nplan b\nplan c\nplan d
Answer
Explanation:
Step1: Calculate total pay for Plan A
Total pay = Base salary+Commission. Commission = 8% of $5000 = 0.08×5000 = 400. Total pay for Plan A = 500 + 400 = 900.
Step2: Calculate total pay for Plan B
Commission = 7% of $5000=0.07×5000 = 350. Total pay for Plan B = 600 + 350 = 950.
Step3: Calculate total pay for Plan C
Commission = 6% of $5000 = 0.06×5000=300. Total pay for Plan C = 700 + 300 = 1000.
Step4: Calculate total pay for Plan D
Commission = 5% of $5000=0.05×5000 = 250. Total pay for Plan D = 800 + 250 = 1050.
Answer:
D. plan D