Phyllis Reagan's job pays $46,350 plus 24% of wages in benefits. She estimates that her yearly job expenses are $2,256. A job she has been offered pays $49,750 with these estimated benefits:$3,980 in pensions, $450 in free parking, $1,080 in paid vacation, $1,560 in paid holidays, $2,100 in health insurance, and $400 in tools. The job has expenses of $2,624. What are her current job's net job benefits? What are the other job's net job benefits?

Which offers the greater net job benefits? How much greater?

Question

Phyllis Reagan's job pays $46,350 plus 24% of wages in benefits. She estimates that her yearly job expenses are $2,256. A job she has been offered pays $49,750 with these estimated benefits:$3,980 in pensions, $450 in free parking, $1,080 in paid vacation, $1,560 in paid holidays, $2,100 in health insurance, and $400 in tools. The job has expenses of $2,624. What are her current job's net job benefits? What are the other job's net job benefits?

Which offers the greater net job benefits? How much greater?

lauren32583 · Answer

current job 55,218
other job's 56,696
the other job offers more, $1,478

sillybutt100 · Answer

but i also need to know how to solve the problem

lauren32583 · Answer

ok so you have a total pay of 46350 you would then add 24% (because in the problem it says plus 24% of wages) then you would subtract the expenses because that is what you are paying for which is $2256

so the equation would look like this:
$46,350+.24-$2,256

lauren32583 · Answer

then you take the two totals and subtract biggest from smallest to get how much greater.

lauren32583 · Answer

@CShrix  can you check this to make sure its right

anonymous · Answer

@Lauren32583 Your initial numbers are correct.

Current Job:$$\sum_{}^{}Benefits=$46,350+0.24($46,350)-$2,256=$55,218$$
Next Possible Job: $$\sum Benefits=$49,750+$3,980+$450+$1,080+$1,560+$2,100+$400$$$$-$2,624=$56,696$$

sillybutt100 · Answer

Thank you!

anonymous · Answer

You are welcome :)