A student is offered two different summer jobs. Job A lasts 16 weeks and pays $400.00 per week. Job B lasts 4 months and pays $1,650.00 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)?
A. $3,263.06
B. $264.00
C. $860.00
D. $1,257.65
Both last 4 months.
Job B gets $412.50 a week
And Job A gets $1600 per month
1650*1.1 = 1815 Month 2's paycheck
1815*1.1 = 1996.5 Month's 3 Paycheck
1996.5*1.1 = 2196.15 Month 4's paycheck
1600*4 = $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
Answer is D.