Business, 09.10.2019 18:30 davidoj13

Company a pays $24000 yearly with raises of $1,400 per year. company b pays $28,000 yearly with raises of $850 per year. which company will pay more in year 10? how much more?

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Answer from: twirlergirl406

Here is the table on how much each companies would be paying each year:

Year Company A Company B

1 $24,000 $28,000

2 25,400 28,850

3 26,800 29,700

4 28,200 30,550

5 29,600 31,400

6 31,000 32,250

7 32,400 33,100

8 33,800 33,950

9 35,200 34,800

10 36,600 35650

Total $303,000 $318,250

Referring the table, Company B would be paying more than Company A. The difference in their payment would be $15,250.

Answer from: Quest

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