Question

The average salary for a real estate agent is $41,990 per year. A pilot makes on average $98,410. If you consider the earning potential of both over a 30 year period, what is the difference between the real estate agent's earnings as compared to the pilot's wages?

A) $56,420
B) $1,692,600
C) $1,161,290
D) $2,910,310

Answer 1

To find the difference between the real estate agent's earnings and the pilot's wages over 30 years, multiply the average salaries by 30 and subtract the real estate agent's earnings from the pilot's earnings. The answer is $1,692,600.

Step-by-step explanation:

To find the difference between the real estate agent's earnings and the pilot's wages over a 30-year period, we need to calculate the total earnings for each profession in that time span.

For the real estate agent, we multiply their average salary by 30: $41,990 * 30

= $1,259,700.

For the pilot, we multiply their average salary by 30: $98,410 * 30

= $2,952,300.

To find the difference, we subtract the real estate agent's earnings from the pilot's earnings: $2,952,300 - $1,259,700 = $1,692,600.

Therefore, the difference between the real estate agent's earnings and the pilot's wages over a 30 year period is $1,692,600.