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Assignment 1

This document contains three methods for calculating employee salaries over time: 1) A table showing monthly salaries for two companies over 20 months. Company A increases salary by RM50 each month while Company B increases by RM60. 2) A formula for calculating salaries at any given month (Tn) based on starting salary (A) and monthly increment (D). 3) A graph comparing the salary growth of the two companies over time, showing they reach the same salary (RM1650) after 16 months. The conclusion is that for short terms (under 2 years), Company A's salary scale is more attractive due to its higher starting pay. However, for long terms (over 2 years), Company B

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23 views2 pages

Assignment 1

This document contains three methods for calculating employee salaries over time: 1) A table showing monthly salaries for two companies over 20 months. Company A increases salary by RM50 each month while Company B increases by RM60. 2) A formula for calculating salaries at any given month (Tn) based on starting salary (A) and monthly increment (D). 3) A graph comparing the salary growth of the two companies over time, showing they reach the same salary (RM1650) after 16 months. The conclusion is that for short terms (under 2 years), Company A's salary scale is more attractive due to its higher starting pay. However, for long terms (over 2 years), Company B

Uploaded by

BihHua
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Assignment No.

1- a
1st method
By constructing a table,
Company
Monthly Increment, d
Month
1st.
2nd.
3rd.
4th.
5th.
6th.
7th.
8th.
9th.
10th.
11th.
12th.
13th.
14th.
15th.
16th.
17th.
18th.
19th.
20th.
2nd method
By using calculation,
Tn
a+ (n-1) d
900+ (n-1) 50
900+ 50n- 50
160
n
n

=
=
=
=
=
=
=

Tn
A+ (n-1) D
750+ (n-1) 60
750+ 60n- 60
10n
160 10
16

A
50

B
60

Salary
900
950
1000
1050
1100
1150
1200
1250
1300
1350
1400
1450
1500
1550
1600
1650
1700
1750
1800
1850

Salary
750
810
870
930
990
1050
1110
1170
1230
1290
1350
1410
1470
1530
1590
1650
1710
1770
1830
1890

3rd method
By using ICT method

1800
1600
1400
1200
1000
800
600

Series 1
Series 2

400
200
0

After they worked for 16 months, Ali snd Ahmad having the same monthly salary of
RM1650.

Assignment No. 1- b
In a short term period, company A salary scale quite attracting because of its higher base
pay of RM 900 compare to company B of RM 750. But, for long term period, for
example more than 2 years, company B salary scale will be higher than company A. If n=
36, salary of company A is RM 2650 but salary of company B is RM 2850. Therefore,
salary scale of company B has the better deal.

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