An Insurance salesman makes P15,000 commission on sales in his first year. each yesr, he increases his sales by 5%.
1. How much commission would he make in his fifth year?
2. How much commission would he make in total over 5 years?
1. How much commission would he make in his fifth year?
2. How much commission would he make in total over 5 years?
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Answer:
1. 18, 000
2. 82, 700
Step-by-step explanation:
1. 5% ng 15,000 is 750 bale add ka ng 750 each year . ans: 18,000
2. bale each year daw tumataas ng 5% (750) sale nya
1st yr 15,000
2nd yr 15,750
3rd yr 16,500
4th yr 17,250
5th yr 18,000