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04.03.2020 • 
Mathematics

Vicky has 2 jobs offers for teaching. She just finished her Master’s Degree in mathematics education.

A. She can work at Southside High School as a teacher with a base salary of $43,600 per year. She will also coach JV softball which will add another $900 to her annual salary. The contract suggests the school will be expecting her 190 days but she will be provided with 10 sick days. So, she must actually work a minimum of 180 days (any less and her salary will be reduced). Each day will consist of 8 working hours. With this school she will be provided with free life insurance for $15,000 of coverage. Her health & dental or medical premiums are $78/month. Finally, the school system would require her to automatically invest 5% of his her monthly income for retirement.

B. She can work at Central Tech College as a math instructor. She will be paid $900 for each credit hour she teaches. During the course of her first year of teaching, she would teach a total of 50 credit hours. The college expects she will work a minimum of 170 days (any less and the salary would be reduced) and 8 hours each day. At the college she will have to pay $3 per month for a life insurance policy of $25,000. Her health & dental or medical premiums are $85 per month. Finally, the company would require her to automatically invest $200 per month for retirement.

What is Vicky's Gross Monthly Income for the job at Southside High School?

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