Question:
Monique is deciding which raise to take for her salary:
Last updated: 7/28/2022
Monique is deciding which raise to take for her salary: adding $1500 dollars at the end of the year to her salary or adding 1.5% of her current salary. She currently makes $70,000 a year. Which should she choose? a. Monique should add the $1500 to her salary. b. Monique should add the 1.5% to her salary. c. Unable to determine with the given information. d. Both options result in the same increase in salary, it does not matter which choice she takes. e. Monique should take half of each option (adding half of $1500 and half of 1.5%).