Question
There are two different jobs Mike is considering. The first job will pay him $4200 per month plus an annual bonus of 4500. The second job pays $3100 per month plus $600 per month toward his rent and an annual bonus of $500. How much would his annual salary be for each job?
3
4*
First job:
Second job:
3
4*
First job:
Second job:
Answers
GPT-4o mini
To calculate the annual salary for each job, we'll first determine the total monthly salary and then add any applicable bonuses.
**First Job:**
- Monthly Salary: $4200
- Annual Bonus: $4500
Annual salary = (Monthly Salary × 12) + Annual Bonus
Annual salary = ($4200 × 12) + $4500
Annual salary = $50,400 + $4500
Annual salary = $54,900
**Second Job:**
- Monthly Salary: $3100
- Rent Contribution: $600 (monthly)
- Annual Bonus: $500
Total monthly income for the second job = Monthly Salary + Rent Contribution
Total monthly income = $3100 + $600 = $3700
Annual salary = (Total Monthly Income × 12) + Annual Bonus
Annual salary = ($3700 × 12) + $500
Annual salary = $44,400 + $500
Annual salary = $44,900
**Summary:**
- First Job Annual Salary: $54,900
- Second Job Annual Salary: $44,900
**First Job:**
- Monthly Salary: $4200
- Annual Bonus: $4500
Annual salary = (Monthly Salary × 12) + Annual Bonus
Annual salary = ($4200 × 12) + $4500
Annual salary = $50,400 + $4500
Annual salary = $54,900
**Second Job:**
- Monthly Salary: $3100
- Rent Contribution: $600 (monthly)
- Annual Bonus: $500
Total monthly income for the second job = Monthly Salary + Rent Contribution
Total monthly income = $3100 + $600 = $3700
Annual salary = (Total Monthly Income × 12) + Annual Bonus
Annual salary = ($3700 × 12) + $500
Annual salary = $44,400 + $500
Annual salary = $44,900
**Summary:**
- First Job Annual Salary: $54,900
- Second Job Annual Salary: $44,900