4. Graphing Calculator Lab
In the L3 formula bar, enter the formula for calculating the yearly salary job 2.
For what year is Job 1 the best offer?
In what year does the salary for Job 2 surpass that for Job 1?
Suppose Job 1 renegotiates and offers a starting salary of $37,000. In what year will the salary for Job 2 exceed that for job 1?
Under what conditions should you accept the second job?
West Coast supplies is offering a starting salary of $43, 250 and a pay raise of 2% per year. Eastern Heritage is offering #44,275 with a pay raise of 1.5% per year. Determine what the salaries will be in year 3, 5, and 8. If you are planning to relocate and change jobs in 6 years, which is the better job offer?