Question #47 of 50 Question ID: 542589 The broker for a small office is counseling sales associates

 
   

Need your ASSIGNMENT done? Use our paper writing service to score better and meet your deadlines.  

Question #47 of 50

Question ID: 542589

The broker for a small office is counseling sales associates as they prepare their personal business plans.
Associate 1: Gross commissions last year—$62,000; increase for next year—12%
Associate 2: Gross commissions last year—$88,000; increase for next year—4%
The office had gross commissions from these associates last year of $150,000. What total commissions income will the broker put into the company's business plan for this year?

A)

$160,960

B)

$166,853

C)

$162,775

D)

$161,618