Question 1
(5 marks)
Show and explain your work. Draw box(es) around your final answer(s).
Use algebraic methods unless otherwise stated.
You have a choice between two jobs that will last 5 months or 20 weeks.
Job A pays $2000 per month with a monthly raise of $125.
Job B pays $550 per week with a weekly raise of $25.
Determine the simplified arithmetic general terms that will help you determine how
much you would make after a certain time for both jobs.
If your only criteria for choosing between the jobs is making the most money
possible, which job would you choose?
Question 2
(5 marks)
Show and explain your work. Draw box(es) around your final answer(s).
Use algebraic methods unless otherwise stated.
A grandparent invests in an education fund for his grandchild. The grandparent
deposits money into an education account on the 1st of every month for 18 years.
The grandparent's first deposit is $1. He increases his deposits by 2% each month
after the first deposit.
What is the total amount the grandparent deposits into the grandchild's account
over the 18 years that deposits are made?
