SOLUTION: neha is trying to decide between two possible jobs. job a pays 3,750 dollars a month with a 2.5 percent annual raise. job b pays 46,000 dollars a year with a 1000 dollars annual ra

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Question 1131865: neha is trying to decide between two possible jobs. job a pays 3,750 dollars a month with a 2.5 percent annual raise. job b pays 46,000 dollars a year with a 1000 dollars annual raise.
Found 2 solutions by josgarithmetic, ikleyn:
Answer by josgarithmetic(39617) About Me  (Show Source):
Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
.
Job A:  %283750%2A12%29%2A%281%2B0.025%29%5E%28n-1%29.


Job B:  46000+(n-1)*1000.



See the plot below






Plot y = %283750%2A12%29%2A%281%2B0.025%29%5E%28x-1%29 (job A, red)  and  y = 46000+(x-1)*1000 (job B, green)


        TABLE


Years	 Job A	        Job B
1	45000	        46000
2	46125	        47000
3	47278.12	48000
4	48460.07	49000
5	49671.58	50000
6	50913.36	51000
7	52186.20	52000   <<<---=== (!)
8	53490.85	53000
9	54828.13	54000
10	56198.83	55000


ANSWER.  After 6 years job A pays more than job B.