Question

Michael must pay his way through college. He is a sophomore in high school and currently babysits regularly on the weekends. He works 15 hours and makes $8.00 an hour. He will be eligible to work at his uncle's restaurant in three months, and he can work twenty hours a week at $8.50 an hour. Use the PACED decision-process to decide what Michael's best choice is. Show each step.

Answer 1

Equations would be: 15 * 8 = $120 * 2 = 240
Now, at resturant, it is = 20 * 8.50 = 170 

So, Micheal's best choice is "Baby-sit"

Hope this helps!

Answer 2

The PACED decision-process is
P: define the Problem
A: list the Alternatives
C: Select the Criteria
E: Evaluate the alternatives
D: Decide
The problem is: Earn money for college
Alternatives are: Either work at 8$/hour for 15hours/week or $8.50/hour for 20hours/week beginning 3 months from the date. 
The Criteria is: Jobs that pay more now until college.

The Evaluation is: 
1. Baby sitting job will last another 2 1/2 years. That's 2.5 x 52 weeks = 130 weeks. 130 x $8/hour x 15 hours = 130 * 120 = $15,600 dollars for college.

2. Restaurant job - will earn nothing for 3 months and then pay $8.50/hour for 20 weeks for 2 1/4 years. 2 1/4 years = 117 weeks. 
117 * $8.50 * 20 = $117 x $170 = $19,890 dollars
So the Restaurant job would earn more money for college by $4290.