oey gets 2 job offers from 2 different marketing firms. The 2 companies have different salary options. With either company, he earns $29000 during his first year. After that, with Company A) he gets an annual raise of $950 per year or with Company B) he gets a 3% raise each year.
Joey gets 2 job offers from 2 different marketing firms. The 2 companies have different salary options. With either company, he earns $29000 during his first year. After that, with Company A) he gets an annual raise of $950 per year or with Company B) he gets a 3% raise each year.
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How many years would Joey have to work before company B is the better option? Please show work to support answer.
by Bartleby ExpertAssumming salary is Joey's determining factor in accepting a job, which company is better for Joey in 5years? In year 15?
by Bartleby ExpertCan you do this same problem but just change he earns 34,000 his first year. After that with Company A) he gets an annaual raise of $1100 per year or with Company B) he gets 3%raise each year.
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