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2. Financial aspects of employment Helen and Mike are friends from college and both have recelved offers for entry level positions at a San Francisco

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2. Financial aspects of employment Helen and Mike are friends from college and both have recelved offers for entry level positions at a San Francisco corporation in their related fields Helen and Mike would like to room together in San Francisco. Consider Helen and Mike's personal situations, assuming the city indices are: Consider the following scenarios and answer the questions that follow. Helen is from Boston, where the cost of living is higher than it is in San Francisco. Helen's parents are discouraging her from taking the position because they would like her to live at home for a while, find a job in the area, and save some money. Helen has already convinced her parents that she will live on her own even if she finds a job in Boston. Helen took a personal finance course and knows how to compare salaries in different cities. Helen has been offered $25,000 to work in San Francisco. A comparable offer in Boston would be Mike Mike is from Cleveland, where the cost of tiving is lower than it is in San Francisco. Mikolf parents are encouraging him to take the position because jobs are hard to come by in Cleveland and he wilt be able to get a good start to his career and save some money. Now, he wants to make sure that the offer in San Francisco is worth the move. Mike has been offered 530,000 to work in 5 an Francisco

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