+0  
 
0
2493
1
avatar

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

 Mar 4, 2016
 #1
avatar+2592 
+5

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.

 Mar 4, 2016

2 Online Users

avatar