Working as an insurance salesperson, Ilya earns a base salary plus a commission on each new policy. Therefore, Ilya’s weekly income, depends on the number of new policies, he sells during the week. Last week he sold 3 new policies, and earned $760 for the week. The week before, he sold 5 new policies and earned $920. Find an equation for and interpret the meaning of the components of the equation.
OpenStax Precalculus 2e, 2.1 Linear Functions, exercise 16