Question

Education and Advancement Math Quiz

QUESTION 9 of 10: A course that costs $500 will allow you to get a job that pays $2 more per hour than your current job. How many hours will
you need to work at the new job before your investment in education has "paid off"?
000
a) 20
b) 100
c) 150
d) 250

Answer 1

To determine how many hours you will need to work at the new job before your investment in education has "paid off," you can use the following calculation:

Let "x" be the number of hours you need to work.

With the new job, you earn $2 more per hour, so you earn $2x more for every hour worked. However, you also have to account for the initial cost of the course, which is $500.

So, you want to find the point where the additional earnings cover the course cost:

$2x - $500 = 0

Now, solve for x:

$2x = $500

x = $500 / $2

x = 250 hours

Therefore, you will need to work 250 hours at the new job before your investment in education has "paid off." So, the correct answer is option (d).