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Ulleksa [173]
3 years ago
6

There are two jobs you can apply for. the first job pays $22,000 the first year, with raises of $4,000 each year thereafter. the

second job pays $26,000 the first year with raises of $2,000 each year thereafter. when would you make as much money in the first job as in the second?
Mathematics
2 answers:
jasenka [17]3 years ago
7 0
We let the number of years that the two jobs will have the same payment be denoted as t. Equating the wages of these two jobs after t - 1 years will give us an equation of,
                          22,000 + 4000(t -1) = 26,000 + 2000(t - 1)
The value of t from the generated equation is 3. Therefore, after 3 years the jobs will be paying the same wages.
Margarita [4]3 years ago
5 0

Answer: 3rd year

Step-by-step explanation:

Given : There are two jobs you can apply for.

Let x be the time (in years).

The first job pays $22,000 the first year, with raises of $4,000 each year thereafter.

Then, the amount earned in x years by first job can be written as :-

y=22000+4000(x-1)...................(1)

The second job pays $26,000 the first year with raises of $2,000 each year there after.

Then, the amount earned in x years can be written as :-

y=26000+2000(x-1)...........................(2)

From equation (1) and (2) , we have

22000+4000(x-1)=26000+2000(x-1)\\\\\Rightarrow\ 4000(x-1)-2000(x-1)=26000-22000\\\\\Rightarrow\ 2000(x-1)=4000\\\\\Rightarrow\ x-1=\dfrac{4000}{2000}=2\\\\\Rightarrow\ x=2+1=3

Hence, in 3rd year you would make as much money in the first job as in the second.

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