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company A offers a starting salary of $28,000 with a raise of $3,000 each year. Company B offers a starting salary of $36,000 with a raise of $2,000 per year. Company C offers a starting salary of $18,000. After how many years would the salary of company A and B be the same?

 Mar 22, 2017

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Let the number of years when they will be equal =N

 

28,000 + 3,000N =36,000 + 2,000N

36,000 - 28,000 =3,000N - 2,000N

8,000 =1,000N Divide both sides by 1,000

N =8,000/1,000

N = 8 Years - when they will equal at $52,000 each.

 Mar 22, 2017

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