Question

You could have a part-time job (20 hours per week) that pays $15 per hour, or you could have a full-time job (40 hours per

week) that pays $12 per hour. Because of the extra free time, you will spend $150 per week more on entertainment with the
part-time job than with the full-time job. After accounting for the extra entertainment expense, how much more is your weekly cash flow with the full-time job than with the part-time job? (Neglect taxes and other expenses.) Show your work.

Answer 1

Answer: Your weekly cash flow for the full-time job would be $480 while the cash flow for the part-time job is $150.

Explanation:

If you work 20 hours for $15, that's $300 by the end of the week. However, because of the extra time for entertainment, that $150 takes half of your earnings. 15 x 20 = 300 - 150 = 150. Because you don't have time for entertainment with the full-time job, you only have the $480.