Answered

\begin{tabular}{|c|c|c|}
\hline \multicolumn{3}{|c|}{Liam's Job Offer Comparison} \\
\hline & Job 1: Seattle, WA & Job 2: Silicon Valley, CA \\
\hline Salary & \[tex]$78,000 & \$[/tex]100,000 \\
\hline & \[tex]$4,000 bonuses, & \$[/tex]2,500 bonuses, \\
Benefits & health insurance, & health insurance, \\
& 401K & 401K \\
\hline Average Monthly Rent \& Utilities & \[tex]$1,350 & \$[/tex]3,150 \\
\hline \hline
\end{tabular}

Which company is a better choice based on annual income after housing and utility costs?

A. Job 2 is a better choice because it will have a salary and benefits worth \[tex]$20,500 more than Job 1.

B. Job 2 is a better choice because the annual income after housing is expected to be \$[/tex]140,300, but Job 1 is expected to be \[tex]$98,200.

C. Job 1 is a better choice because the annual income after housing is \$[/tex]65,800, but that of Job 2 is \[tex]$64,700.

D. Job 1 is a better choice because the annual income after benefits and housing will be \$[/tex]109,800, but the annual income for Job 2 will be \$92,200.



Answer :

To determine which job offer is better based on annual income after housing and utility costs, let's consider the detailed calculations.

### Job 1: Seattle, WA
- Annual Salary: [tex]$78,000 - Annual Bonus: $[/tex]4,000
- Monthly Rent and Utilities: [tex]$1,350 First, calculate the annual cost of rent and utilities: \[ \text{Annual Rent and Utilities for Job 1} = 1,350 \times 12 = 16,200 \] Now, calculate the annual income after housing and utilities: \[ \text{Annual Income after Housing for Job 1} = 78,000 + 4,000 - 16,200 = 65,800 \] ### Job 2: Silicon Valley, CA - Annual Salary: $[/tex]100,000
- Annual Bonus: [tex]$2,500 - Monthly Rent and Utilities: $[/tex]3,150

First, calculate the annual cost of rent and utilities:
[tex]\[ \text{Annual Rent and Utilities for Job 2} = 3,150 \times 12 = 37,800 \][/tex]

Now, calculate the annual income after housing and utilities:
[tex]\[ \text{Annual Income after Housing for Job 2} = 100,000 + 2,500 - 37,800 = 64,700 \][/tex]

### Comparison
Comparing the two results:
- Job 1: [tex]$65,800 - Job 2: $[/tex]64,700

From this comparison, we can see that Job 1 is the better choice because the annual income after housing costs is [tex]$65,800, which is greater than Job 2's $[/tex]64,700.

Therefore, the correct answer is:
"Job 1 is a better choice because the annual income after housing is [tex]$65,800 but that of job 2 is $[/tex]64,700."