Job a pays $13.00 per hour. job b pays $11.00 per hour but has health benefits. health insurance costs $3,400 per year. you expect to work 2,000 hours during the year. ignoring taxes, which job will leave you with more money at the end of the year?

Job A

Explanation:

1- Let's consider Job A:

Job A pays $13.00 per hour

Since you intend to work 2,0000 hours during the year, therefore:

Payment you get from job A = 13 * 2,000 = $26,000

Job A has no health benefits, therefore, you will be paying for your own health insurance which cost $3,400 per year.

Therefore, after one year:

Job A will leave you with = 26,000 - 3,400 = $22,600

2- Let's consider Job B:

Job B pays $11.00 per hour

Since you intend to work 2,000 hours during the year, therefore:

Payment you get from job B = 11 * 2,000 = $22,000

Job B has health benefits, therefore, you will not be paying health insurance.

Therefore, after one year:

Job B will leave you with = $22,000

3- Comparing the two jobs:

By comparing the above two jobs, we can conclude that Job A will leave you with with $600 more than job B.

Hope this helps :)

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