A course that costs $500 will allow you to get a job that pays $2 more per hour than your current job. How many hours will you need to work at the new job before your investment in education has "paid off"?

Question

Mathematics

Darwin Perkins

23 January, 15:39

A course that costs $500 will allow you to get a job that pays $2 more per hour than your current job. How many hours will you need to work at the new job before your investment in education has "paid off"?

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Answers (1)

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Susan Haas · Answer 1

Given:

Cost of course : $500

number of hours : x

pay per hour : 2

2x = 500

2x/2 = 500/2

x = 250 hours

I need to work $250 hours earning $2 per hour to pay off my investment in education amount to $500.

I did not consider the pay from my previous job because it is not relevant in the computation. The $2 extra pay from the new job is the only amount I can spare to pay for my educational investment.