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no Job 2 is a better choice because the annual income after rent and utilities is $59,700 but that of job 1 is $55,575.
no Job 2 is a better choice because the annual income after rent and utilities is $45,400 but the income for job 1 is $41,900.
no Job 1 is a better choice because it costs $4,500 less per year to live there.
no Job 2 is a better choice because the annual income after rent and utilities is $45,400 but the income for job 1 is $41,900.
no Job 1 is a better choice because it costs $4,500 less per year to live there.
Both Phoebe and Connor are trying to maximize their lifetime income. Each has a different plan on how to do it best.
Phoebe claims that she wants a career with no college or trade school requirements because she could save the money for retirement rather than spending it on education. She estimates her average yearly salary at $35,000 a year with no post-secondary education requirements.
Connor claims post-secondary education will help him get a career with a higher salary and more benefits he can use in retirement so the education costs will more than pay for themselves. Connor estimates his average yearly salary at $60,000 after earning a college degree.
Which statement about their claims is correct?
Phoebe claims that she wants a career with no college or trade school requirements because she could save the money for retirement rather than spending it on education. She estimates her average yearly salary at $35,000 a year with no post-secondary education requirements.
Connor claims post-secondary education will help him get a career with a higher salary and more benefits he can use in retirement so the education costs will more than pay for themselves. Connor estimates his average yearly salary at $60,000 after earning a college degree.
Which statement about their claims is correct?