Salary Problem
Louis has just graduated from the university, and thus received two job invitations from Company A and Company B.
Both companies A and B have a base salary of $10000 every year. So, Louis should be considering about the raise in salary after accepting the job.
Company A guarantees a $300 raise in salary every 6 months. Company B guarantees a $1200 raise in salary every 12 months.
In terms of salary, which company should Louis choose to work for?
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1 solution
The salary base for Company A every 6 months is 2 1 0 0 0 0 = $ 5 0 0 0 . Since Company A has a $300 raise every 6 months, the salaries are as followed.
From the table, Company A's salary is $300 higher than Company B. Hence, Louis should choose Company A.