SOLUTION: You are offered two jobs. One initially pays $25,000 annually, and your salary
will grow annually at 10%. The other pays $22,000 annually, but your salary will
grow at 12%. After
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Question 674495: You are offered two jobs. One initially pays $25,000 annually, and your salary
will grow annually at 10%. The other pays $22,000 annually, but your salary will
grow at 12%. After 10 years, which job pays the higher salary? (Answer in
discretely separate parts as in: a. Job 1, b. Job 2, c. Comparison)
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
Salary 1: ^{10})
Salary 2: ^{10})
Comparison: Salary 1 - Salary 2. Positive? Salary 1 is better. Otherwise, Salary 2 is better.
You can do your own arithmetic.
John
Egw to Beta kai to Sigma
My calculator said it, I believe it, that settles it
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