Compare the lifetime income of Donnelle and Damien if they both work for 42 years. Donnelle makes $48,000 a year and Damien makes $50,000 a year. How much more does Damien make in his lifetime than Donnelle?(1 point)
Responses
Damien makes $84,000 more.
Damien makes $84,000 more.
Donnelle makes $84,000 more.
Donnelle makes $84,000 more.
Not enough information.
Not enough information.
Damien makes $80,000 more.
Damien makes $80,000 more in his lifetime than Donnelle.
Explanation:
Donnelle makes $48,000 per year for 42 years, so her lifetime income is $48,000/year x 42 years = $2,016,000.
Damien makes $50,000 per year for 42 years, so his lifetime income is $50,000/year x 42 years = $2,100,000.
The difference in their lifetime incomes is $2,100,000 - $2,016,000 = $84,000.