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8. In comparing the earning power of the job offers, one might be interested in the cumulative earnings, that is, the sum total earnings for

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8. In comparing the earning power of the job offers, one might be interested in the cumulative earnings, that is, the sum total earnings for all the years worked in the chosen job. TABLE 3 on the next page gives cumulative earnings for both job offers for the given number of years worked. For example, when t = 8, the table gives C1 (8) = 460,800. That means, after working 8 years in Job 1, the total earnings is $460,800. Note that the last column gives a comparison of the cumulative earnings of both jobs for the same number of years worked by calculating the difference. Complete the table below. TABLE 3 Comparison of Cumulative Earnin s t = # of Years 01(1) = Cumulative C2 (1) = Cumulative Difference in Cumulative Worked Earnings after t years Earnings after t years Earnings: on Job 1 on Job 2 C10) - C2 (3) $52,000 $48,900 $3,100 $105,600 $99,805 $460,800 $452,184 \"25'6\"\" \"19'6\" _ 0 $592,000 $589 ,828 l $660,000 $662,91 1 $2,911

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