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6 February, 12:09

There are two different jobs Jordan is considering. The first job will pay $4200 per month plus annual bonus of $4500. The second job pays $3100 per month plus $600 per month toward her rent and a annual bonus of $500. Which job should she take

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  1. 6 February, 14:37
    0
    Ok, so let's take a look at how much Jordan would have at the end of 1 year with each job.

    Job 1. 4200 x 12 = 50400. 50400 + 4500 = 54900. At the end of one year, Jordan would have $54900.

    Job 2. 3100 x 12 = 37200. 37200 + 500 = 37700. At the end of the year, Jordan would have been paid $3770. BUT (assuming the trend is paid monthly) that's also 600 x 12 = 7200. 37700 + 7200 = 44900. In the end, Jordan will have $44900.

    54900 - 44900 = 10000.

    Job 1 pays $10000 more than job 2.

    So based on this math, Jordan should take Job 1.
  2. 6 February, 15:31
    0
    I would just add every job for a whole year then youll see which is better opton
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