Can someone please explain why the answer is 100,00? I wasn’t able to understand the explanation from the solution video.
A company has a “bonus pool” it distributes to its 1212 employees at the end of the year. This year’s “bonus pool” is $300$300,000000, and each employee is to receive at least $10$10,000000. If one of the employees wants to ensure that he or she has the largest bonus of the 1212 employees, his or her bonus must be greater than what amount?