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8 April, 01:26

A fastpitch softball player signs a six-

vear contract. Her agent expects that she will

earn $1,000,000 over the next six years. If the

agent is right, how many bonus payments, on

average, should the pitcher expect each year?

Explain how you got the answer.

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Answers (1)
  1. 8 April, 01:51
    0
    18 bonus payments, on average, each year.

    Explanation:

    The information provided about the contract can be translated into an algebraic expression that will yield to an equation that you can solve:

    Yearly salary: $ 20,000

    Salary for six years: 6 * $ 20,000 = $ 120,000

    Bonus for each game that attracts 100 plus fans:

    Number of bonus payments over the six years: x (unknown) Bonus amount: 8,000 * x = 8,000x Total earnings: $120,000 + $8,000x

    Equation:

    Total earnings = agent's expectation 120,000 + 8,000x = 1,000,000

    Solve the equation:

    120,000 + 8,000x = 1,000,000 8,000x = 1,000,000 - 120,000 8,000x = 880,000 x = 880,000 / 8,000 = 110 ← number of bonus payments over the 6 years

    To obtain the number of bonus payments expected each year, divide the total number of bonus payments (110) by the number of years (6):

    110 / 6 = 18.3

    Althoug it is not wrong giving the answer as a decimal, because it is an average, you can also round to the closest whole number which is 18.

    Hence, the answer is that the pitcher should expect 18 bonus payments, on average, each year.
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