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Sagot :
To determine which job offers the best annual income considering the cost of living in each locale, let's go through a step-by-step analysis using the given information.
### Details Provided
1. Job 1: Albuquerque, NM
- Salary: \[tex]$54,000 annually - Average Monthly Rent & Utilities: \$[/tex]2,500
2. Job 2: Ann-Arbor, MI
- Salary: \[tex]$61,000 annually - No specific information on rent and utilities provided ### Calculations 1. Annual Rent & Utilities for Job 1: - Monthly rent and utilities: \$[/tex]2,500
- Convert to annual: [tex]\( \$2,500 \times 12 = \$30,000 \)[/tex]
2. Annual Rent & Utilities for Job 2:
- No specific rent and utilities costs provided, so we'll assume it is 0 for the calculation.
3. Annual Income After Rent & Utilities:
Job 1:
- Salary: \[tex]$54,000 - Rent & Utilities: \$[/tex]30,000 annually
- Annual income after rent & utilities: [tex]\( \$54,000 - \$30,000 = \$24,000 \)[/tex]
Job 2:
- Salary: \[tex]$61,000 - Rent & Utilities: \$[/tex]0 annually
- Annual income after rent & utilities: [tex]\( \$61,000 - \$0 = \$61,000 \)[/tex]
4. Compare the Annual Incomes:
- Job 1: \[tex]$24,000 - Job 2: \$[/tex]61,000
The difference in annual income is [tex]\( \$61,000 - \$24,000 = \$37,000 \)[/tex].
Based on these calculations, Job 2 in Ann-Arbor, MI offers a significantly higher annual income after accounting for rent and utilities: \$37,000 more than Job 1 in Albuquerque, NM.
Thus, the best choice for Caitlin considering the income after rent and utilities is Job 2 in Ann-Arbor, MI.
### Details Provided
1. Job 1: Albuquerque, NM
- Salary: \[tex]$54,000 annually - Average Monthly Rent & Utilities: \$[/tex]2,500
2. Job 2: Ann-Arbor, MI
- Salary: \[tex]$61,000 annually - No specific information on rent and utilities provided ### Calculations 1. Annual Rent & Utilities for Job 1: - Monthly rent and utilities: \$[/tex]2,500
- Convert to annual: [tex]\( \$2,500 \times 12 = \$30,000 \)[/tex]
2. Annual Rent & Utilities for Job 2:
- No specific rent and utilities costs provided, so we'll assume it is 0 for the calculation.
3. Annual Income After Rent & Utilities:
Job 1:
- Salary: \[tex]$54,000 - Rent & Utilities: \$[/tex]30,000 annually
- Annual income after rent & utilities: [tex]\( \$54,000 - \$30,000 = \$24,000 \)[/tex]
Job 2:
- Salary: \[tex]$61,000 - Rent & Utilities: \$[/tex]0 annually
- Annual income after rent & utilities: [tex]\( \$61,000 - \$0 = \$61,000 \)[/tex]
4. Compare the Annual Incomes:
- Job 1: \[tex]$24,000 - Job 2: \$[/tex]61,000
The difference in annual income is [tex]\( \$61,000 - \$24,000 = \$37,000 \)[/tex].
Based on these calculations, Job 2 in Ann-Arbor, MI offers a significantly higher annual income after accounting for rent and utilities: \$37,000 more than Job 1 in Albuquerque, NM.
Thus, the best choice for Caitlin considering the income after rent and utilities is Job 2 in Ann-Arbor, MI.
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