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Jason is considering two different jobs that he has been offered and he likes the atmosphere and

other employees equally at both companies.

With the first job he would be an apartment property manager for AMLI Company. This job is

offering Jason an hourly rate of $19. 00 an hour plus a weekly bonus of $40 for each new tenant he

sets a one year lease up with. The company expects Jason to work all 52 weeks of the year and 40

hours per week. He was told he could expect to set up an average of 5 lease agreements for each

week that he works.

With the second job he would work as water treatment facility manager in Gwinnett County. He

would be paid an annual salary of $46,000 a year, there are no bonuses by he gets a week off.

Both companies deduct for Social Security (6. 2%), Medicare (1. 2%), State Income Tax (3%), and

Federal Income Tax (14%).

AMLI's individual health insurance costs $115 per month. Gwinnett County's health insurance is

only $25 per month for an individual.

Part A: Determine how much Jason will receive in one year after all deductions have been taken

for each company. Show your work neatly.

Respuesta :

The amount of money that Jason will receive in one year after all deductions have been taken for each company is $30,780.5 and $32562.

What is the final amount?

With the first job, he would be an apartment property manager for AMLI Company.

This job is offering Jason an hourly rate of $19. 00 an hour plus a weekly bonus of $40 for each new tenant he sets a one-year lease-up with.

The company expects Jason to work all 52 weeks of the year and 40 hours per week.

He was told he could expect to set up an average of 5 lease agreements for each week that he works.

The amount after one year will be given by an equation

Let y be the amount, x be the number of hours in a week and z be the number of the week.

y = 19x + 40z

The total number of hours in a year will be

x = 2080

Then

y = 19 × 2080 + 40 × 52

y = $ 41,600

The amount after the deduction of Social Security (6. 2%), Medicare (1. 2%), State Income Tax (3%), and Federal Income Tax (14%) will be

→ 41,600 × 0.938 × 0.988 × 0.97 × 0.86

→ $ 32,160.5

The amount after the insurance will be

Amount = 32160.5 - 115 × 12

Amount = $ 30780.5

With the second job, he would work as a water treatment facility manager in Gwinnett County. He would be paid an annual salary of $46,000 a year, there are no bonuses and he gets a week off.

The amount after the deduction of Social Security (6. 2%), Medicare (1. 2%), State Income Tax (3%), and Federal Income Tax (14%) will be

→ 46,000 × 0.938 × 0.988 × 0.97 × 0.86

→ $ 35,562

The amount after the insurance will be

Let the number of the worker be 10. Then

Amount = 35,562 - 10 × 12 × 25

Amount = 35562 - 3000

Amount = $32562

More about the final amount link is given below.

https://brainly.com/question/1980454

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