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. Assuming salary is Joey’s determining factor in accepting a job, which company is better for Joey A in year 5?    B in year 10

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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.

  • Assuming salary is Joey’s determining factor in accepting a job, which company is better for Joey
  • A in year 5?    B in year 10?

 

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