algebra
posted by dinahlee .
Tom and Jerry were offered similar jobs at competing companies. Sony offered Tom a starting salary of $32,000 per year with a 7% raise at the end of each year. Panasonic offered Jerry a $35,000 annual starting salary with a 5% raise at the end of each year.
A) What is the raise for each of them at the end of the first year with their respective company?
B) What will their new salaries be at the end of the first year?
C) Generate a table to show each of their salaries for the first 5 years.
D) Does Tom’s salary ever exceed Jerry’s salary? Explain your answer.
Respond to this Question
Similar Questions

Advanced Functions
Rena has been offered entrylevel positions with two firms. Firm A offers a starting salary of $40 000 per year, with a $2000 per year increase guaranteed each subsequent year. Firm B offers a starting salary of $38 500, with a 5% … 
math
pam is offered a salary of 28,000 a year for 30 years with annual raises of 6 % what would be pam's salary during her 5th year on the job 
Algebra 2
tom and jerry were offered similar jobs at competing companies. sony offered tom a starting salary of $ 32,000 per year with a 7% raise at the end of each year.panasonic offered jerry a $35,000 annual starting salary with a 5% raise … 
Algebra 2
tom and jerry were offered similar jobs at competing companies. sony offered tom a starting salary of $ 32,000 per year with a 7% raise at the end of each year.panasonic offered jerry a $35,000 annual starting salary with a 5% raise … 
Precalculus
Show the first three terms of each related sequence or series and solve each problem. 1) Jerry hopes to buy a camera which costs $680. He plans to save $5 more each month than in the month before, beginning with $5 this month. In how … 
Precalc
1) Janet is offered a job with a starting salary of $15,000, and a guaranteed annual increase of $600. If she takes the job, what will be her guaranteed salary for the 10th year? 
PreCalculas help
Suppose you sign a contract for an annual salary of $50,000 with a guaranteed raise of 5% each year. 1.Write your salary for the next n years as a geometric sequence in explicit form. 2.What will your salary be in year 5? 
Math
You are offered two different sales jobs. Job A offers an annual salary of $36,000 plus a year end bonus of 1.5% of your total sales. Job B offers an annual salary of $32,000 plus a year end bonus of 2% of your total sales. How much … 
mathfinance
suppose you are offered two identical jobs: one paying a starting salary of $40,000 with yearly raises of $2,000 and one paying a starting salary of $36,000 with yearly raises of $25,000. Which job will pay more over a 10 year period? 
Math
Suppose you are offered a job with a relatively low starting salary but with a $2000 raise for each of the next 9 years. How much more than your starting salary would you be making in the ninth year?