Dr.smith gives his staff a 1/3 bonus if they exceed the quarterly goal. This quarter they exceeded the goal by $1,500. What is the staff bonus for this quarter?
Answer:
Staff bonus for this quarter would be $500
Step-by-step explanation:
The information given is that a 1/3 bonus is given if staff exceeds the quarterly goal
And the quarter they exceeded the goal by 1,500
Hence, the bonus will be
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Hence, the quarterly bonus the staff will get will be $500