There are two different jobs Jordan is considering. The first job will pay her $ 4200 per month plus an annual bonus of $4500. The second job pays $ 3100 per month plus $600 per month toward her rent and an annual bonus of $500. How many months of employment would both jobs be the same salary?
If we assume her annual bonus comes at the end of the year, her first job choice pays 4200/mo
The second job pays 3700 month
So we will never be equal in the first year
At the end of the first year Job 1 will have paid 4200 x 12 + 4500 = 54900
Job 2 3700 x 12 +500 = 44900
SO actually they will never be equal....Job 1 will always be ahead.....it has a higher monthly pay AND a bigger annual bonus.