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Company B: starting salary-28,000 Yearly salary increase-2,400

Company C: starting salary- 36,000 Yearly salary increases- 2,000

Question: Paul started at Company B 10 years ago at the salary shown in the table. At the same time, Sharla started Company C at the salary shown in the table. Who earned more durning the 10th year? How much more?
In the last year, ____ earned $____ more.

1 Answer

3 votes

Answer:

Sharla, 4400

Explanation:

Paul's Salary:

Paul started at company B. Starting salary of company B is $ 28,000 with a yearly increase of $ 2,400. Paul's Salary in first year will be 28,000. In second year his salary will be 28000 + 2400, in 3rd year his salary will be: 28000 + 2(2400) and so on.

Since, the increase in Paul's salary every year is $ 2400, the increase in his salary after 10 years or in 10th year would be = 2400 x 9 = $ 21,600

So, his total salary in 10th year would be = 28000 + 21600 = $ 49,600

Sharla's Salary:

Sharla started at company C. Starting salary of company C is $ 36,000 with a yearly increase of $ 2,000.

Since, the increase in Sharla's salary every year is $ 2000, the increase in her salary after 10 years or in 10th year would be = 2000 x 9 = $ 18,000

So, her total salary in 10th year would be = 36000 + 18000 = $ 54,000

Conclusion:

Sharla earned more in 10th year an amount equal to $ 4400. So the answer is:

In the last year, Sharla earned $4,400 more.

User Andy J Buchanan
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