Selecting jobs from two offers-word problem


Assignment:

Q1. Word problems seem to daunt practically everyone. Discuss why they seem intimidating to you (or why not, if they don't). Do you believe that most of the problems we face in our daily life are word problems? Examples?

Q2. You are in the wonderful position of having to select a job from one of two offers you have just received. Joe's Jolly Jeans will pay you $100,000 per year and will raise your salary $2,000 at the end of every year. Sam's Sad Sack's will also pay you $100,000 per year but they will increase your pay by $1,000 at the end of every six months. Which job is the better deal? How much more money will you have made after 10 years by taking the better deal?

Provide complete and step by step solution for the question and show calculations and use formulas.

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Algebra: Selecting jobs from two offers-word problem
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