Financial Decision Making
The daily cost of public transportation to get you to and from your current job is $5. You regularly work 8 hours a day Monday through Friday and 4 hours on Saturday. You have been offered a new job close to home where you could walk to and from work each day. The new job pays $0.75 less an hour than your current job. You will work an average of 44 hours a week. Will you make or lose money by taking the new job?