Tori is comparing two job offers at engineering and construction firms. One is in at a starting salary of 40,0 and the other in Minneapolis at a starting salary of \$43,000 Tori looks up the cost-ofliving index (COL) for each and finds the following information : Atlanta's COLI is 95.6 (costs are 95.6% of the national average) Minneapolis's COLI is 111 (costs are 111% of the national average) Are the two salary offers comparable ?

Tori is comparing two job offers at engineering and construction firms. One is in at a starting salary of 40,0 and the other in Minneapolis at a starting salary of \$43,000 Tori looks up the cost-ofliving index (COL) for each and finds the following information : Atlanta's COLI is 95.6 (costs are 95.6% of the national average) Minneapolis's COLI is 111 (costs are 111% of the national average) Are the two salary offers comparable ?

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter2: Career Planning

Section: Chapter Questions

Problem 2DTM

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