A fast pitch softball player signs a six year 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.
Answers
Given : A fast pitch softball player signs a six year contract.
Her agent expects that she will earn 1000000 over the next six years
Yearly salary = 20000
Bonus for each game with 100 + fans = 8000
To Find : how many bonus payments, on average should the pitcher expect each year
Solution:
Let bonus payments, on average should the pitcher expect each year = B
in 6 Years = 6B
one Bonus Payment = 8000
=> Total Bonus Payment = 6B * 8000 = 48000B
Yearly salary = 20000
Total Salary in 6 Years = 20000 * 6 = 120000
Bonus Payment + Salary = Total Earning
=> 48000B + 120000 = 1000000
=> 48000B = 880000
=> 48B = 880
=> B = 880/48
=> B = 110/6
=> B = 55/3
=> B = 18.33
18.33 bonus payment every years expected
Approx. 18 bonus payment every year
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