Homework Help: economics

Posted by john on Wednesday, January 16, 2013 at 9:29pm.

Kimberly works for a well known financial
company as a sales representative. She
earns a small base salary but receives
commission off every product she sells.
Kimberly has basic living expenses in
addition to a student loan. She wants to
start adding to her Roth IRA and buy a new
television and sound system for her house.
She never knows what her monthly income
will be due to the commissions. What
advice can you give her to help her meet
her goals?

economics - Ms. Sue, Wednesday, January 16, 2013 at 10:12pm
1. Pay off the student loan as soon as possible.
2. Put as much as possible into the IRA.

3. Forget the TV and sound system until she has extra money to spare.
economics - john, Wednesday, January 16, 2013 at 10:23pm
thanks...
economics - Ms. Sue, Wednesday, January 16, 2013 at 10:29pm
You're welcome.

Answer this Question

Related Questions

math - HELP PLEASE!!!! The question is: Carmella works 37.5 h per week for ...
math - a small mail order company earns a 15% profit on all sales. if the ...
math - A salesperson has two job offers. Company A offers a weekly salary of $...
managerial economics - a material handling company pays each of its sale persons...
home economics - a material handling company pays each of its sale persons a ...
math - You are offered two different sales jobs. The first company offers a ...
algebra - A salesperson earns a salary of $500.00 per week, plus a commision of ...
math - The Recall Computer Company has six territories, each represented by one ...
business - The Recall Computer Company has six territories, each represented by ...
algebra - A computer salesperson earns a base salary of $32,000 per year plus a ...

For Further Reading

First Name:
School Subject:
Answer: