Question

A student is offered two different summer jobs. Job A last 16 weeks and pays $425.00 per week. Job B lasts 4 months and pays $1,700.00 per month, with monthly raises of 10% of the previous months salary. How much more does the student earn by accepting Job B (rounded to the nearest cent)?

A. $366.70
B. $264.00
C. $1089.70
D. $680.00

Answer 1

D. $680.00

Explanation:

Both Jobs are 4 months.

Job A : $425* 16 = $6800

Job B : $1,700 * 4 = $6800

Job B monthly raises:

10% = 10 / 100 = 0.1

Therefore: 0.1 * 1700 = $170 (per month)

(For 4 months) = 170 * 4 = $680.00