Question

There are two different jobs Jordan is considering. The first job will pay $4200 per month plus annual bonus of $4500. The second job pays $3100 per month plus $600 per month toward her rent and a annual bonus of $500. Which job should she take

Answer 1

I would just add every job for a whole year then youll see which is better opton

Answer 2

ok, so let's take a look at how much Jordan would have at the end of 1 year with each job.

Job 1. 4200 x 12 = 50400. 50400 + 4500 = 54900. At the end of one year, Jordan would have $54900.

Job 2. 3100 x 12 = 37200. 37200 + 500 = 37700. At the end of the year, Jordan would have been paid $3770. BUT (assuming the trend is paid monthly) that's also 600 x 12 = 7200. 37700 + 7200 = 44900. In the end, Jordan will have $44900.

54900 - 44900 = 10000.

Job 1 pays $10000 more than job 2.


So based on this math, Jordan should take Job 1.