A student is comparing two jobs.
Job 1
Job 1 pays an annual base salary of $34,000 with a 3% increase in salary per year.
Job2
y=35,00(1.02)^x
x: time in years
y: total annual salary
Which statement is true?
Both annual salary and the percent yearly raise are higher at Job 1 than 2.
Both the annual base salary and the percent yearly raise are higher at Job 2 than 1.
While the annual base salary of Job 1 is higher than 2, the percent yearly raise is higher and Job 2 than 1.
While the annual base salary at Job 2 is higher than 1, the percent yearly raise is higher at Job 1 than 2.
