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\(C=\begin{cases} 0.10s, \; \text{if} \; s\le 60,000,\\ 0.10s +0.4(s-60,000), \; \text{if} \; s> 60,000. \end{cases}\)
The formula above gives the contribution \(C,\) in dollars, to a certain profit-sharing plan for a participant with a salary of \(s\) dollars. How many more dollars is the contribution for a participant with a salary of \(\$70,000\) than for a participant with a salary of \(\$50,000 ?\)
A. \(\$800\)
B. \(\$1,400\)
C. \(\$2,000\)
D. \(\$2,400\)
E. \(\$2,800\)
Answer: D
Source: Official Guide
The formula above gives the contribution \(C,\) in dollars, to a certain profit-sharing plan for a participant with a salary of \(s\) dollars. How many more dollars is the contribution for a participant with a salary of \(\$70,000\) than for a participant with a salary of \(\$50,000 ?\)
A. \(\$800\)
B. \(\$1,400\)
C. \(\$2,000\)
D. \(\$2,400\)
E. \(\$2,800\)
Answer: D
Source: Official Guide
