Solve the problem.
-Elizabeth must choose between two job offers. The first job offers $42,000 for the first year and a $3,300 raise each year thereafter. The second job offers $48,000 for the first year and a $2,100 raise
Each year thereafter.
a. If she anticipates working for the company for 4 years, find the total amount she would earn from each Job)
b.If she anticipates working for the company for 12 years, find the total amount she would earn from Each job.

A) a. Job 1: $204,600; Job 2: $187,800
b. Job 1: $714,600; Job 2: $721,800

B) a. Job 1: $187,800; Job 2: $204,600
b. Job 1: $721,800; Job 2: $714,600

C) a. Job 1: $189,000; Job 2: $225,000
b. Job 1: $667,800; Job 2: $833,400

D) a. Job 1: $225,000; Job 2: $189,000
b. Job 1: $833,400; Job 2: $667,800

Question

Solve the problem.
-Elizabeth must choose between two job offers. The first job offers $42,000 for the first year and a $3,300 raise each year thereafter. The second job offers $48,000 for the first year and a $2,100 raise
Each year thereafter.
a. If she anticipates working for the company for 4 years, find the total amount she would earn from each Job)
b.If she anticipates working for the company for 12 years, find the total amount she would earn from Each job.

A) a. Job 1: $204,600; Job 2: $187,800
b. Job 1: $714,600; Job 2: $721,800

B) a. Job 1: $187,800; Job 2: $204,600
b. Job 1: $721,800; Job 2: $714,600

C) a. Job 1: $189,000; Job 2: $225,000
b. Job 1: $667,800; Job 2: $833,400

D) a. Job 1: $225,000; Job 2: $189,000
b. Job 1: $833,400; Job 2: $667,800

Quizplus · Accepted Answer

For Job 1 over 4 years: $42,000 + ($42,000 + $3,300) + ($42,000 + 2*$3,300) + ($42,000 + 3*$3,300) = $187,800. For Job 2 over 4 years: $48,000 + ($48,000 + $2,100) + ($48,000 + 2*$2,100) + ($48,000 + 3*$2,100) = $204,600. For Job 1 over 12 years and Job 2 over 12 years, the pattern of annual raises continues, leading to totals of $721,800 for Job 1 and $714,600 for Job 2, respectively.

Solve the Problem. -Elizabeth Must Choose Between Two Job Offers. the First Job