You have just started a sales job in a department store. Your pay consists of a base
Question:
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 commission rate.
Sales Amount Commission Rate
$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 commission 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.
Step by Step Answer:
Program Plan 1 Create a ciass FinanceAppfication 2 Declare and Initiate the variables final double commession8Pct 008 8 final clout commission10Pct 01...View the full answer
Introduction to Java Programming, Comprehensive Version
ISBN: 978-0133761313
10th Edition
Authors: Y. Daniel Liang
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