After a student graduated from Berkeley College, the student went on six different interviews. The student patiently waited back to see if he/she received any offers. Thankfully, the student received the two offers below: • Job Offer # 1: Starting annual salary of $74,000 with an annual raise of $3,500. • Job Offer # 2: Starting annual salary of $66,000 with an annual raise of $4,200. 1. The student needs help on deciding what job opportunity to take. What advice would you offer to the student? 2. Write an equation describing each job offer. 3. What strategy would you use to determine which job offer might be best for the student? 4. The student is curious to find out after how much time would she make the same amount money. After how long would this occur, how did you figure this out?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Make sure your responses are in complete sentences
and have been proofread before submitting.
After a student graduated from Berkeley College, the
student went on six different interviews. The student
patiently waited back to see if he/she received any offers.
Thankfully, the student received the two offers below:
• Job Offer # 1: Starting annual salary of $74,000 with
an annual raise of $3,500.
• Job Offer # 2: Starting annual salary of $66,000 with
an annual raise of $4,200.
1. The student needs help on deciding what job
opportunity to take. What advice would you offer to
the student?
2. Write an equation describing each job offer.
3. What strategy would you use to determine which job
offer might be best for the student?
4. The student is curious to find out after how much time
would she make the same amount money. After how
long would this occur, how did you figure this out?
Transcribed Image Text:Make sure your responses are in complete sentences and have been proofread before submitting. After a student graduated from Berkeley College, the student went on six different interviews. The student patiently waited back to see if he/she received any offers. Thankfully, the student received the two offers below: • Job Offer # 1: Starting annual salary of $74,000 with an annual raise of $3,500. • Job Offer # 2: Starting annual salary of $66,000 with an annual raise of $4,200. 1. The student needs help on deciding what job opportunity to take. What advice would you offer to the student? 2. Write an equation describing each job offer. 3. What strategy would you use to determine which job offer might be best for the student? 4. The student is curious to find out after how much time would she make the same amount money. After how long would this occur, how did you figure this out?
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