Question

A company offers you a job with two choices of salarys: A: S= 40,000 (1.025)^t B: S=1500t+40,000. How many years until option A overtakes option B?

Answer 1

T= years, S= salary

Answer 2

A: S= 40,000 (1.025)^t
B: S=1500t+40,000.

equate them..

40,000 (1.025)^t = 1500t+40,000
40,000 (1.025)^t = 1500t+40,000

i cn take u till this far :-p..

Answer 3

@ganeshie8 , @mathslover , @ParthKohli .. guys, need help..

Answer 4

Yeah I get to there too

Answer 5

Don't know how to solve

Answer 6

neither do i :-p.. sorry !!

Answer 7

Thanks anyway