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with explanantion please As an employee, would you have a higher fleal income after being given a $2400 raise at the end of each year

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As an employee, would you have a higher fleal income after being given a $2400 raise at the end of each year for 5 years or a $400 raise at the end of each quarter for 5 years? Calculating the total raise after a $2400 raise at the end of each year for 5 years gives $2400=5 Calculating the total raise after a 5400 raise at the end of each quarter for 5 years gives +5400=5 Which option nets the highest total raise after 5 years? a $2400 raise at the end of each year foe 5 years: a $400 raise at the end of each quarter for 5 years

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