To determine which option will earn you the most, let's calculate the total earnings for each situation.
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$32,000/year:
- Total earnings = $32,000
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$17.00/hour:
- Weekly earnings = $17.00/hour * 40 hours/week = $680/week
- Annual earnings = $680/week * 52 weeks = $35,360
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$32,000/year with a 10% bonus:
- Bonus = 10% of $32,000 = $3,200
- Total earnings = $32,000 + $3,200 = $35,200
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$17.00/hour and a $1,000 bonus at the end of the year:
- Annual earnings without the bonus = $35,360 (as calculated above)
- Total earnings = $35,360 + $1,000 = $36,360
Now, let's summarize the total earnings:
- $32,000/year → $32,000
- $17.00/hour → $35,360
- $32,000/year with a 10% bonus → $35,200
- $17.00/hour and a $1,000 bonus at the end of the year → $36,360
The option that will earn you the most is $17.00/hour and a $1,000 bonus at the end of the year, resulting in total earnings of $36,360.