Question

Job A pays $13.00 per hour but has health benefits. Job B pays $11.00 per hour. Health insurance costs $3,400 per year. You expect to work 2,000 hours during the year. Ignoring taxes, which job will leave you with more money at the end of the year?
a) Job A
b) Job B
c) Can't tell

Answer 1

Answer:

a) Job A.

Step-by-step explanation:

Time, t = 2000 hours per year

Job A:

Salary = $13 per hour

Job B:

Salary = $11 per hour

Healfh insurance = $3400 per year

= $3400/2000

= $ 1.7 per hour

B:. Mb = $11 × 2000 = $22000

Health insurance costs 3400$ per year so while we are working our job A we have: so $11.3 × 2000 = $22600. So on job A we earn $600 per year more than on job B.