Started By
Message
re: Which salary raise would you choose?
Posted on 1/29/15 at 7:48 pm to diddydirtyAubie
Posted on 1/29/15 at 7:48 pm to diddydirtyAubie
The wording of the question was absolutely terrible.
1
Posted on 1/29/15 at 7:53 pm to Duke
Guess I don't do math haha
The key is adding total every six months, instead of the $600 I added to the presumed annual of $30000
Thanks for showing your work, even a dummy like me can see it now.
The key is adding total every six months, instead of the $600 I added to the presumed annual of $30000
Thanks for showing your work, even a dummy like me can see it now.
Posted on 1/29/15 at 7:56 pm to Tigerswillprevail
The author of this question supposedly has the highest IQ on record. You'd think she could communicate better. That said, I think the way she is presenting it is flawed since you don't get raises in the way she says in the second option. It doesn't compound like that.
It's listed as one of her mistakes in her Wikipedia article by the way.
It's listed as one of her mistakes in her Wikipedia article by the way.
This post was edited on 1/29/15 at 7:59 pm
Posted on 1/29/15 at 7:59 pm to Tigerswillprevail
quote:
Guess I don't do math haha
The key is adding total every six months, instead of the $600 I added to the presumed annual of $30000
Thanks for showing your work, even a dummy like me can see it now.
Don't feel bad I did the same thing
Posted on 1/29/15 at 8:13 pm to Tigerswillprevail
Your annual income is never 30k under the 300 every 6 month raise. That is the trick to the question.
Posted on 1/29/15 at 8:39 pm to Tigerswillprevail
The wording is terrible In the question and the explaination isn't much better.
Numbers did the job much better.
Numbers did the job much better.
Posted on 1/30/15 at 7:13 am to Duke
Start .......Year 1.....................Year 2..................... Year 3. .......... Salary to start year 4
30,000- 15,000- 15,300---15,600- 15,900-----16,200- 16,500----- $32,700
30,000- 15,000- 15,000---15,500-15,500-----16,000- 16,000----- $32,000
There I think I mapped it out to see easily. Even though I see the math laid out this is blowing my mind and I can't explain with words why this is happening lol
Never mind. I read comments in article. It has to do with when you get a $300. Raise it goes to your overall salary not just for those six months. So instead of adding $300 every 6 months you only add $150
30,000- 15,000- 15,300---15,600- 15,900-----16,200- 16,500----- $32,700
30,000- 15,000- 15,000---15,500-15,500-----16,000- 16,000----- $32,000
There I think I mapped it out to see easily. Even though I see the math laid out this is blowing my mind and I can't explain with words why this is happening lol
Never mind. I read comments in article. It has to do with when you get a $300. Raise it goes to your overall salary not just for those six months. So instead of adding $300 every 6 months you only add $150
This post was edited on 1/30/15 at 7:44 am
Posted on 1/30/15 at 8:24 am to Kodar
quote:
The wording of the question was absolutely terrible.
Yep. Because a $300 raise normally means $300 to total salary. Meaning yearly income for year 1 would go from $30,000 to $30,300. But since only half the year was worked at $30,000 and the other half at $30,300, actual pre-tax take home would be $30,150.
Year two: $30,600 1st half, 30,900 second half for $30,750, etc.
Posted on 1/30/15 at 8:44 am to diddydirtyAubie
Not going to check the answer,but...
If I am making $30,000 per year, I want my raise as quick as possible to help me find a higher paying job. I'll take six months for 300 alex.
If I am making $30,000 per year, I want my raise as quick as possible to help me find a higher paying job. I'll take six months for 300 alex.
Posted on 1/30/15 at 10:25 am to diddydirtyAubie
I would slang rocks if these were my two options
Posted on 1/30/15 at 10:31 am to Volatile
quote:
The author of this question supposedly has the highest IQ on record
Out of curiousity, what was her IQ?
Mine was 163 using the Otis- Lennon format.
Posted on 1/30/15 at 10:37 am to Carolina_Girl
quote:
the Otis- Lennon format.
When Otis came into town riding that cow, that was some funny shite right there!
Posted on 1/30/15 at 10:52 am to diddydirtyAubie
That blew my mind. Thanks.
Posted on 1/30/15 at 11:58 am to diddydirtyAubie
I threw it in a spreadsheet. Simple enough
Posted on 1/30/15 at 2:04 pm to Carolina_Girl
Less than 0.1% of the world has an IQ higher than 145 and you scored a 163?
This post was edited on 1/30/15 at 2:05 pm
Posted on 1/30/15 at 8:29 pm to Carolina_Girl
quote:
The author of this question supposedly has the highest IQ on record
Out of curiousity, what was her IQ?
Mine was 163 using the Otis- Lennon format.
High enough that it's impossible to effectively measure it. 200 ish, which is basically high enough to break the IQ test.
IQ isn't all that though. Einstein only had a 160 IQ, and he changed how we view physics forever. Yet, Vos Savant has never done anything nearly that important.
Posted on 1/31/15 at 4:10 pm to blue_morrison
The whole thing is a classic math riddle where the order of operations is jumbled through word play.
This is "Please Excuse My Dear Aunt Sally" stuff.
Parenthesis
Exponent
Multiplication
Division
Addition
Subtraction
Work the formula in the appropriate order and Answer 1, the answer your mind is telling you is right, is actually right.
30,000 salary is 2500 per month. We break it down by the month because the riddle sets the unit of measurement by the month when she says "raise every 6 months".
A $300 raise, divided by 12 months, only adds $25 to each month's pay check for the second half of the year. Don't make the mistake of trying to compensate the entire year in arrears for $300.
We are doing Division.
Now, lets do addition.
M .. A ...... B
1 2500 same
2 2500 same
3 2500 same
4 2500 same
5 2500 same
6 2500 same
7 2500 2525
8 2500 2525
9 2500 2525
10 2500 2525
11 2500 2525
12 2500 2525
End of year one =
Salary A = 30000
Salary B = 30150
Beginning Year Two:
1 2583.3 2550
2 2583.3 2550
3 2583.3 2550
4 2583.3 2550
5 2583.3 2550
6 2583.3 2550
7 2583.3 2575
8 2583.3 2575
9 2583.3 2575
10 2583.3 2575
11 2583.3 2575
12 2583.3 2575
Salary A = 31000
Salary B = 15300 + 15450 = 30750
You can continue extrapolating this for as long as you want, Salary A pulls away further and further.
My IQ is between 129 and 141. But that's before I spent the summer of 1998 huffing whippits on Phish Tour.
This is "Please Excuse My Dear Aunt Sally" stuff.
Parenthesis
Exponent
Multiplication
Division
Addition
Subtraction
Work the formula in the appropriate order and Answer 1, the answer your mind is telling you is right, is actually right.
30,000 salary is 2500 per month. We break it down by the month because the riddle sets the unit of measurement by the month when she says "raise every 6 months".
A $300 raise, divided by 12 months, only adds $25 to each month's pay check for the second half of the year. Don't make the mistake of trying to compensate the entire year in arrears for $300.
We are doing Division.
Now, lets do addition.
M .. A ...... B
1 2500 same
2 2500 same
3 2500 same
4 2500 same
5 2500 same
6 2500 same
7 2500 2525
8 2500 2525
9 2500 2525
10 2500 2525
11 2500 2525
12 2500 2525
End of year one =
Salary A = 30000
Salary B = 30150
Beginning Year Two:
1 2583.3 2550
2 2583.3 2550
3 2583.3 2550
4 2583.3 2550
5 2583.3 2550
6 2583.3 2550
7 2583.3 2575
8 2583.3 2575
9 2583.3 2575
10 2583.3 2575
11 2583.3 2575
12 2583.3 2575
Salary A = 31000
Salary B = 15300 + 15450 = 30750
You can continue extrapolating this for as long as you want, Salary A pulls away further and further.
My IQ is between 129 and 141. But that's before I spent the summer of 1998 huffing whippits on Phish Tour.
This post was edited on 1/31/15 at 4:18 pm
Posted on 1/31/15 at 4:21 pm to deeprig9
Well shite I could have saved myself time if I had read the comments in the link first. Read the second comment, explains it more succinctly than I did.
This post was edited on 1/31/15 at 4:23 pm
Posted on 2/1/15 at 7:14 am to Tiger n Miami AU83
It's stupid and it lies.
The 1st is 30k per year LIKE THE PROBLEM STATES. The second is 30,600 the 1st year.
The reason it tricks you is it makes your mind "assume" both jobs pay equally the first year.
The 1st is 30k per year LIKE THE PROBLEM STATES. The second is 30,600 the 1st year.
The reason it tricks you is it makes your mind "assume" both jobs pay equally the first year.
Posted on 3/2/15 at 3:07 pm to diddydirtyAubie
year annual 6 month difference
1 january 30000 30000 0
July 30000 30300 300
2 january 31000 30600 -400
July 31000 30900 -100
3 january 32000 31200 -800
July 32000 31500 -500
4 january 33000 31800 -1200
July 33000 32100 -900
5 january 34000 32400 -1600
July 34000 32700 -1300
1 january 30000 30000 0
July 30000 30300 300
2 january 31000 30600 -400
July 31000 30900 -100
3 january 32000 31200 -800
July 32000 31500 -500
4 january 33000 31800 -1200
July 33000 32100 -900
5 january 34000 32400 -1600
July 34000 32700 -1300
This post was edited on 3/2/15 at 3:50 pm
Page 2 of 3
Popular
Back to top
Follow SECRant for SEC Football News