3
QuizMultiple Choice

Income — Quiz

Question 3 • Financial Math

Libby is considering two different positions within the same company. The first position, as a Project Manager, offers a base salary of $70,000 with a potential performance bonus of up to 10% of the base salary. The second position, as a Team Lead, offers a base salary of $65,000 but comes with a guaranteed annual bonus of $8,000. Which position would offer Libby a higher potential maximum annual income?

Answer
A
Both offer the same potential income.
B
Team Lead
C
The decision should be based on job responsibilities and growth potential.
D
Project Manager
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Libby is considering two different positions…