Mr. Nicholson accepts a job that pays an annual salary of $60,000. In his employment contract, he is given the option of choosing a) an annual raise of $3,500 or b) an annual raise of 5% of his current salary.

Question

Ashanti Graves

1 July, 01:22

+4

Answers (2)

Know the Answer?

Milton Cooke · Answer 1

So do we say which one is better or worse?

Mallory Mays · Answer 2

He should choose a) an annual raise of $3500.

This is because if you take 5% of $60,000 its only $3,000