document.write( "Question 237913: Would you rather receive a 7% raise followed by a 2% raise or a 2% raise followed by a 7% raise? Explain. \n" ); document.write( "

Algebra.Com's Answer #174887 by Alan3354(69443) $\"\"$ $\"About$

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Would you rather receive a 7% raise followed by a 2% raise or a 2% raise followed by a 7% raise? Explain.
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\n" ); document.write( "If you make $D per week:
\n" ); document.write( "D*1.07 = 1.07D
\n" ); document.write( "Then, 1.07D*1.02 = 1.0914D
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\n" ); document.write( "With 2% first, it's the same amount.
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\n" ); document.write( "If they're close in time, there's no difference.
\n" ); document.write( "But, if you get the 7% first and make more for some amount of time, you'll get more. \n" ); document.write( "

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