Jason is considering two different jobs that he has been offered and he likes the atmosphere and other employees equally at both companies. With the first job he would be an apartment property manager for AMLI Company. This job is offering Jason an hourly rate of $19.00 an hour plus a weekly bonus of $200 for the new tenants he sets a one year lease up with. The company expects Jason to work all 52 weeks of the year and 40 hours per week. AMLI's individual health insurance costs $115 per month. With the second job he would work as water treatment facility manager in Gwinnett County. He would be paid an annual salary of $46,000 a year. There aren't any bonuses but the county's health insurance is only $25 per month for an individual. Both companies deduct for Social Security (6.2%), Medicare (1.2%), State Income Tax (3%), and Federal Income Tax (14%). Part A: Determine how much Jason will receive in one year BEFORE all deductions have been taken for each company. Show your work neatly. Part B: Determine how much Jason will receive in one year AFTER all deductions have been taken for each company. Show your work neatly. Part C: Using this information which job would you take if you were Jason? Support your reasoning.
Jason is considering two different jobs that he has been offered and he likes the atmosphere and other employees equally at both companies. With the first job he would be an apartment property manager for AMLI Company. This job is offering Jason an hourly rate of $19.00 an hour plus a weekly bonus of $200 for the new tenants he sets a one year lease up with. The company expects Jason to work all 52 weeks of the year and 40 hours per week. AMLI's individual health insurance costs $115 per month. With the second job he would work as water treatment facility manager in Gwinnett County. He would be paid an annual salary of $46,000 a year. There aren't any bonuses but the county's health insurance is only $25 per month for an individual. Both companies deduct for Social Security (6.2%), Medicare (1.2%), State Income Tax (3%), and Federal Income Tax (14%). Part A: Determine how much Jason will receive in one year BEFORE all deductions have been taken for each company. Show your work neatly. Part B: Determine how much Jason will receive in one year AFTER all deductions have been taken for each company. Show your work neatly. Part C: Using this information which job would you take if you were Jason? Support your reasoning.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.8: Linear Programming
Problem 5SC: If during the following year it is predicted that each comedy skit will generate 30 thousand and...
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