Mathematics, 01.12.2020 01:00 Zieken993
On January 1, Conglomo CEO John Nepotiz hires both
you and his son, John Nepotiz, Jr., for a starting salary of
$120k per year, plus bonus:
Junior is paid a bonus of 10% of his cumulative
earnings at the end of each month
You are paid a one-time bonus of 15% on Dec. 31
At the end of the year, Junior complains that you got 5%
more than he did.
196
Who got the better deal? By how much money, and
by what percentage?
Answers: 3
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On January 1, Conglomo CEO John Nepotiz hires both
you and his son, John Nepotiz, Jr., for a starti...
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