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Notice the similarities between the formulas at the left and the formulas on page 6. Both are of the form
In such formulas, the only difference is the unit of measure for Amount. Here are some examples.
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Need a job? Check out the United States Department of Labor's Occupational Outlook Handbook for information on hundreds of different types of jobs.
Whatever type of job you're interested in, this site will provide you with:
- the training and education needed
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There are 12 months in a year. Your yearly earnings are
4% of this is $2304. So, your total compensation before sales commission is
This is more than your guaranteed total compensation in (a) $72,720 and (b) $73,340.
Here is the summary of the three job offers.
Total Compensation Other Maximum Total with Profit Sharing $72,720 $ 0 $72,720 $73,340 $20,000 $93,340 $74,304 $36,000 $110,304 So, the third job offer has the greatest potential.
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