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2) Izach graduated from college as a carpenter. He was offered two possible compensation packages. Package A offered a starting salary of $45 000 and a guaranteed raise of $1000 each year. Package B offered a starting salary of $39 000 and a guaranteed raise of 5% each year. a) Write an equation to describe compensation Package A. b) Write an equation to describe compensation Package B. c) If Izach plans to stay at this job for 8 years, which package yields the highest final salary? How much is this package worth more compared to the other package?

2) Izach graduated from college as a carpenter. He was offered two possible compensation packages. Package A offered a starting salary of $45 000 and a guaranteed raise of $1000 each year. Package B offered a starting salary of $39 000 and a guaranteed raise of 5% each year. a) Write an equation to describe compensation Package A. b) Write an equation to describe compensation Package B. c) If Izach plans to stay at this job for 8 years, which package yields the highest final salary? How much is this package worth more compared to the other package?

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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2) Izach graduated from college as a carpenter. He was offered two possible compensation packages. Package A offered a starting salary of $45 000 and a guaranteed raise of $1000 each year. Package B offered a starting salary of $39 000 and a guaranteed raise of 5% each year. a) Write an equation to describe compensation Package A. b) Write an equation to describe compensation Package B. c) If Izach plans to stay at this job for 8 years, which package yields the highest final salary? How much is this package worth more compared to the other package?
Transcribed Image Text:2) Izach graduated from college as a carpenter. He was offered two possible compensation packages. Package A offered a starting salary of $45 000 and a guaranteed raise of $1000 each year. Package B offered a starting salary of $39 000 and a guaranteed raise of 5% each year. a) Write an equation to describe compensation Package A. b) Write an equation to describe compensation Package B. c) If Izach plans to stay at this job for 8 years, which package yields the highest final salary? How much is this package worth more compared to the other package?
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