Question

GUYS HELP PLEASE ASAP You are deciding between two jobs. Offer 1 is $40,000 and a raise of

$4,000 per year. Offer 2 is $52,000 and a raise of $2,000 per year. In how
many years will both jobs pay you the same salary? What would the salary
be? Which offer should you choose if you plan on working for 10 years?

Answer 1

offer 1= you get 80k for the first offer for 10 years.

offer 2= you get 72k for the second offer for 10 years.

Result:

offer one would be better as you would get more money.