Mei's salary starts at $16,000 per year with annual raises of $1500. Janet's starting salary is $19,300 with annual raises of $950. After how many years will the two women be earning the same salary?
16,000 + 1500 Y = 19,300 + 950 Y
Solve for Y, the number of years required.
3300 = 550 Y
One more step. It's all yours.
6 years
To find out after how many years Mei and Janet will be earning the same salary, we need to set up an equation based on their salaries and raises.
Let's assume that both Mei and Janet will experience the same number of raises over the years. Let x represent the number of years.
Mei's salary after x years will be:
$16,000 + ($1500 * x)
Janet's salary after x years will be:
$19,300 + ($950 * x)
Now, we can set these two equations equal to each other and solve for x:
$16,000 + ($1500 * x) = $19,300 + ($950 * x)
Let's simplify the equation:
$1500x - $950x = $19,300 - $16,000
$550x = $3,300
To find the value of x, we can divide both sides of the equation by $550:
x = $3,300 / $550
x = 6
Therefore, after 6 years, Mei and Janet will be earning the same salary.
To find out after how many years Mei and Janet will be earning the same salary, we can set up an equation based on the information provided.
Let's assume the number of years it takes for Mei and Janet to have the same salary is 'x.'
For Mei:
Her starting salary is $16,000, and she gets an annual raise of $1500. So after x years, Mei's salary will be:
16000 + 1500x
For Janet:
Her starting salary is $19,300, and she gets an annual raise of $950. So after x years, Janet's salary will be:
19300 + 950x
Now we can set up an equation to solve for x:
16000 + 1500x = 19300 + 950x
To solve this equation, we can simplify it by subtracting 950x from both sides:
550x = 3300
Next, divide both sides of the equation by 550:
x = 6
It will take 6 years for Mei and Janet to be earning the same salary.