Question

13. Janine has job offers at two companies. One

company offers a starting salary of $23,000 with
a raise of $3000 each year. The other company
offers a starting salary of $36,000 with a raise of
$2000 each year.

a. After how many years would Janine's salary be
the same with both companies?

b. What would that salary be?

Answer 1

after the first company, her salary would be 48000 in 5 years

after the second company, her salary would be 48000 in 4 years

Explanation:

Answer 2

9514 1404 393

Answer:

• 13 years
• $62,000

Explanation:

a) The 36000 -23000 = 13000 difference in salary is being made up at the rate of 3000 -2000 = 1000 per year. It will take 13000/1000 = 13 years for the salaries to be the same.

__

b) After 13 years, the salary will be ...

23000 +13(3000) = 23000 +39000 = 62,000 . . . dollars

36000 +13(2000) = 36000 +26000 = 62,000 . . . dollars