Step-by-step explanation:
given,
Company A,
pays per year = $24,000
raise amount of money yearly = $1,500
so in 10 years
the raise of ammount will be = $15,000
Pay ment of per month = $2,40,000
2,40,000 + 15,000 = $2,55,000
Company B,
pays per year = $27,000
amount of money raise yearly = $700
so, in 10 years
raise of amount will be = $7000
pay ment of per month = $2,70,000
2,70,000 + 7000 = $ 2,77,000
therefore ,
Option B, company B pays more,
by $22,000.
hope this answer helps you dear take care!
