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Company A pays $25,000 yearly with raises of $1,600 per year. Company B pays $28,000 yearly with raises of $850 per year. Which company will pay more in year 10? How much more? Which company pays more in year 10? Both companies pay the same. Company A pays more. Company B pays more. There is not enough information. How much more? ​

User Lobzik
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answer:

To determine which company will pay more in year 10, we need to calculate the salaries for both companies at that time.

For Company A:

The initial salary is $25,000, and there is a raise of $1,600 per year.

So in year 10, the salary for Company A can be calculated as:

$25,000 + ($1,600 * 10) = $25,000 + $16,000 = $41,000.

For Company B:

The initial salary is $28,000, and there is a raise of $850 per year.

So in year 10, the salary for Company B can be calculated as:

$28,000 + ($850 * 10) = $28,000 + $8,500 = $36,500.

Comparing the salaries, we can see that Company A will pay more in year 10 with a salary of $41,000, while Company B will pay $36,500.

To find out how much more Company A pays compared to Company B in year 10, we can subtract the salary of Company B from the salary of Company A:

$41,000 - $36,500 = $4,500.

Therefore, in year 10, Company A pays $4,500 more than Company B.

alli <3

User Vishal K
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