# math-finance

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?

I=PRT = 40,000 x 0.05 x 10 = 20,000.
S = 40,000 + 20,000 = \$60,000.

2. 36,000 x 0.069 x 10= 24,840
S= 36,000 + 24,840 = 60,840.
MY answer will be salary of \$36,000

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