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of 10: Job A pays $13.00 per hour. Job B pays $11.00 per hour but has health benefits. Health insurance...

QUESTION 3 of 10: Job A pays $13.00 per hour. Job B pays $11.00 per hour but has health benefits. Health insurance costs $3,400 per year. You expect to work 2,000 hours during the year. Ignoring taxes, which job will leave you with more money at the end of the year?
a) Job A
b) Job B
c) Not enough information

Answer

Job A: $13.00/hour * 2,000 hours = $26,000

Job B: $11.00/hour * 2,000 hours = $22,000

Job B with health benefits: $22,000 + $3,400 (value of health insurance) = $25,400

Answer: a) Job A will leave you with more money at the end of the year.

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