Applications 5-3a Assignment: Applications 5-3a Assigomers Scere: 7500 m Sove Questions ge6fa02h_AP5-3.17 Qaention 17 of 20 . 19 Check My Work 16. 17. Note Please make sure to properly formot your onswers. All dollar figures in the answers need to include the dollor sign and any amount over 1,000 should include the commo ( \( \$ 2,354.67 \). All percentage valves in the onswers need to include a percentage sign (i) . For all hems without 18. specific rounding insiructions, round your answers to two decimal places, show hoth decimal plocee \( (5 \) as). 19. 20 Linda is a salesperson for Spooner's Cleaning Service, which cleans office buildings. She receives a \( 14 \% \) commission for every office that signs a contract for the cleaning services. Last week she recelved \( \$ 1,233,60 \) in commissions. What was the total value of the deaning contracts she sold, rounded to the nearest dollarf \( \square \)
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To find the total value of the cleaning contracts Linda sold, you can set up the equation based on her commission: \( \text{Total Contracts} = \frac{\text{Commission}}{\text{Commission Rate}} \). So, \( \text{Total Contracts} = \frac{1,233.60}{0.14} = 8,804.29 \). Rounding to the nearest dollar, the total value of the cleaning contracts Linda sold is \( \$8,804 \). Real-world applications of this type of calculation are quite common in sales and commission-based roles. Understanding how to effectively compute commissions can help salespeople track their earnings, set goals, and motivate them to aim for higher sales. In addition to that, businesses utilize these figures for budgeting, forecasting, and incentivizing performance, making it a win-win for both the salesperson and the company!