Answer:
To calculate the base amount from the given commission and commission rate, we can use the formula:
Base Amount = Commission / Commission Rate
Let's substitute the values into the formula:
Base Amount = 2,864.12 / 0.14
Base Amount = 20,458
Therefore, the base amount is $20,458.
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Answers & Comments
Answer:
To calculate the base amount from the given commission and commission rate, we can use the formula:
Base Amount = Commission / Commission Rate
Let's substitute the values into the formula:
Base Amount = 2,864.12 / 0.14
Base Amount = 20,458
Therefore, the base amount is $20,458.