document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=94201>Question 94201</A>This question is from textbook <A HREF=http://www.amazon.com/exec/obidos/ASIN/0395977258/algebrahomeworkh>algebra and trigonometry</A><BR>\n" );
document.write( ": <I><SPAN STYLE=\"word-break: break-all;\"> Suppose you are offered two jobs. One pays $30,000 the first year with annual raises of $2,000 each year. The second offers a starting salary of 27,000 and raises of 8% each year. Over a ten-year period, how much would you earn from <BR>\n" );
document.write( "(a)the first job? (b) the second job?<BR>\n" );
document.write( "(a)_______________<BR>\n" );
document.write( "(b)_______________ </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #68599 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=68599\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Suppose you are offered two jobs. One pays $30,000 the first year with annual raises of $2,000 each year. The second offers a starting salary of 27,000 and raises of 8% each year. Over a ten-year period, how much would you earn from <BR>\n" );
document.write( "(a)the first job? (b) the second job?\r<BR>\n" );
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document.write( "(a)  salary = 30000+ 10*2000 = $50,000.00<BR>\n" );
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document.write( "(b)salary = 27000 + 27000(1.08)^10 = $85,290\r<BR>\n" );
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document.write( "=====================<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
document.write( " </SPAN>\n" );
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