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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
*5.39 (Financial application: find the sales amount) You have just started a sales job in a department store. Your pay consists of a base salary and a commission. The base salary is $5,000. The scheme shown below is used to determine the commis- sion rate.
Sales Amount Commission Rate
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$0.01–$5,000 8 percent
$5,000.01–$10,000 10 percent
$10,000.01 and above 12 percent
Note that this is a graduated rate. The rate for the first $5,000 is at 8%, the next
$5000 is at 10%, and the rest is at 12%. If the sales amount is 25,000, the com- mission is 5,000 * 8% + 5,000 * 10% + 15,000 * 12% = 2,700.
Your goal is to earn $30,000 a year. Write a program that finds the minimum sales you have to generate in order to make $30,000.
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