A student is offered two different summer jobs. job a lasts 16 weeks and pays $347.50 per week. job b lasts 3 months and pays $1,600.00 per month, with monthly raises of 10% of the previous month's salary. how much more does the student earn by accepting job a (rounded to the nearest cent) ?

Question

Mathematics

Corinne Good

27 May, 09:33

A student is offered two different summer jobs. job a lasts 16 weeks and pays $347.50 per week. job b lasts 3 months and pays $1,600.00 per month, with monthly raises of 10% of the previous month's salary. how much more does the student earn by accepting job a (rounded to the nearest cent) ?

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Aedan Krueger · Answer 1

If the student accepts job A, he will be paid a total of

total pay = ($347.50 / week) (16 weeks) = $5560

Then for the second job,

1st month = $1,600

second month = $1600 + 0.1 ($1600) = $1760

third month = $1760 + 0.1 ($1760) = $1936

The total amount that she will be paid for the second job is $5,296

The difference between two pays is $264.