Your employer offers 2 options as an increase to your salary for the next year:
Option 1: You can have a 2.5% increase of your median annual salary.
Option 2: You can take an increase of $1500 added to your annual salary.
Find the new annual salary for both Option 1 and Option 2 for the college graduate. Show your calculations.
Which option should you choose as a college graduate? Explain why using an absolute change or relative
change statement in your response.
Find the new annual salary for both Option 1 and Option 2 for the high school graduate. Show your
calculations. Which option should the high school graduate choose? Explain why using an absolute change
or relative change statement in your response.
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