Question

a job pays $5000 for the first 6 months with a raise of $150 every 6 months after that. How much money, in dollars, willthe job pay for the second half of the fifth year?

Answer 1

$6,350

Explanation:

To find the answer, you have to add the salary for the first 6 months plus the result of multiplying the amount of the raise for the number of six months periods:

salary for the first six months=$5,000

raise=$150

number of six months periods until the second half of the fifth year=2 periods per year*5 years=10-1(you have to subtract the first period of the first year that had the initial salary)=9

Salary for for the second half of the fifth year=$5,000+(150*9)

Salary for for the second half of the fifth year=$5,000+$1,350

Salary for for the second half of the fifth year=$6,350

According to this, the money that the job will pay for the second half of the fifth year is $6,350.