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A student is offered two different summer jobs. Job A lasts 16 weeks and pays $350.00 per week. Job B lasts 4 months and pays $1,500.00 per month, with monthly raises of 10% of the previous month's salary. How much more does the student earn by accepting Job B (rounded to the nearest cent)?

Verified Answer :

AnaxTreats

Both last 4 months.

Job B = $412.50per/week

Job A = $1600per/month

16501.1 = 1815 Month 2's paycheck

18151.1 = 1996.5 Month's 3 Paycheck

1996.51.1 = 2196.15 Month 4's paycheck

16004 = $6400 Job A total

1650+1815+1996.5+2196.15 = $7657.65 Job B total

7657.65-6400 = 1257.65

$1257.65 more thant Job A

The answer after all the calculations is 2057.65.

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