Answer:
He has to save his clients $75,000.
Step-by-step explanation:
$2,000 per month is 2*2,000 = $24,000
He eanrs a fixed rate of $18,000 per year. So in bonuses, he has to earn 24,000 - 18,000 = $6,000.
His bonuses are 8% of the money he saves his clients.
So this 8% must be $6,000. How much his 100%?
0.08 - $6,000
1 - $x
[tex]0.08x = 6000[/tex]
[tex]x = \frac{6000}{0.08}[/tex]
[tex]x = 75000[/tex]
He has to save his clients $75,000.
