document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=131603>Question 131603</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Good Evening, I could use a little help with how to solve for a and b.  Please help with the following problem:\r<BR>\n" );
document.write( "\n" );
document.write( "Suppose you are offered two jobs. One pays $30,000 the first year with annual raises of $2000 each year. The second offers a starting salary of $27,000 and raises 8% each year. At the end of ten years, what would your yearly salary be from (a) first job? (b) second job?\r<BR>\n" );
document.write( "\n" );
document.write( "Thank you so very much\r<BR>\n" );
document.write( "\n" );
document.write( "Denise </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #96061 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=96061\">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 $2000 each year. The second offers a starting salary of $27,000 and raises 8% each year. At the end of ten years, what would your yearly salary be from <BR>\n" );
document.write( "(a) first job?<BR>\n" );
document.write( "EQUATION:<BR>\n" );
document.write( "salary = 30000 + 2000x, where x is the number of years after the 1st><BR>\n" );
document.write( "s(9) = 30,000 = 2000*9 = $48,000<BR>\n" );
document.write( "--------------------------------------- <BR>\n" );
document.write( "(b) second job?<BR>\n" );
document.write( "EQUATION:<BR>\n" );
document.write( "salary = 27000*(1+0.08)^x where x is the number of years of work.<BR>\n" );
document.write( "s(10) = 27000(1.08)^9 = $53,973.12<BR>\n" );
document.write( "----------------------------------------<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H. <BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );