Question

Adam calculates his annual salary (base pay and commission), y, using the model y=0.28x+38,000 , where x represents his total sales for the year

What is the slope and what does it mean in this context

if adam made 45k total annual salary how much was his total sales

Answer 1

[AI-generated answer — Bot GPT 3.5]

The slope of the equation y = 0.28x + 38,000 is 0.28. In this context, the slope represents the commission rate. It indicates that for every dollar Adam generates in total sales (x), he earns a commission rate of 0.28 (28 cents).

To find Adam's total sales if his total annual salary is $45,000, we can substitute the salary (y) into the equation and solve for x. The equation is:
45,000 = 0.28x + 38,000

First, subtract 38,000 from both sides:
45,000 - 38,000 = 0.28x
7,000 = 0.28x

Then, divide both sides by 0.28:
7,000 / 0.28 = x
25,000 = x

Therefore, Adam's total sales for the year were $25,000.