Job pays $13.00 per hour but has health benefits. Health insurance cost $3,400 per year. You expect to work 2,000 hours during the year. Ignoring taxes, which job will leave you with more money at the end of the year? (Job A. (Job B. (Can't tell.

Question

Mathematics

Yael Jones

17 November, 17:04

Job pays $13.00 per hour but has health benefits. Health insurance cost $3,400 per year. You expect to work 2,000 hours during the year. Ignoring taxes, which job will leave you with more money at the end of the year? (Job A. (Job B. (Can't tell.

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Answers (1)

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Lane · Answer 1

Answer: Job A - I think, you didn't tell us much about Job B

Step-by-step explanation: This might be your full question?

Job A

Explanation:

1 - Let's consider Job A:

Job A pays $13.00 per hour

Since you intend to work 2,0000 hours during the year, therefore:

Payment you get from job A = 13 * 2,000 = $26,000

Job A has no health benefits, therefore, you will be paying for your own health insurance which cost $3,400 per year.

Therefore, after one year:

Job A will leave you with = 26,000 - 3,400 = $22,600

2 - Let's consider Job B:

Job B pays $11.00 per hour

Since you intend to work 2,000 hours during the year, therefore:

Payment you get from job B = 11 * 2,000 = $22,000

Job B has health benefits, therefore, you will not be paying health insurance.

Therefore, after one year:

Job B will leave you with = $22,000

3 - Comparing the two jobs:

By comparing the above two jobs, we can conclude that Job A will leave you with with $600 more than job B.