points

Time Remaining $40$ minutes $39$ seconds

$00$:$40$:$39$

Return to question

Item $5$

Time Remaining $40$ minutes $39$ seconds

$00$:$40$:$39$

Problem $2-6$ Comparing Employment Offers $[$LO$2-4]$

Bill Mason is considering two job offers. Job $1$ pays a salary of $$40,600$ with $$5,320$ of nontaxable employee benefits. Job $2$ pays a salary of $$38,800$ and $$6,300$ of nontaxable benefits. Use a $10$ percent tax rate.

Calculate the monetary value of each job.

Which position would have the higher monetary value?