You could have a part-time job (20 hours per week) that pays $15 per hour, or you could have a full-time job (40 hours per week) that pays $12 per hour. Because of the extra free time, you will spend $150 per week more on entertainment with the part-time job than with the full-time job. After accounting for the extra entertainment expense, how much more is your weekly cash flow with the full-time job than with the part-time job? (Neglect taxes and other expenses.) Show your work.

Given the statement:

You could have a part-time job (20 hours per week) that pays $15 per hour, or you could have a full-time job (40 hours per week) that pays $12 per hour. Because of the extra free time, you will spend $150 per week more on entertainment with the part-time job than with the full-time job.

Determine how much more is your weekly cash flow with the full-time job than with the part-time job.

Solution:

Solve for the total amount earned by from the part-time job and the full-time job separately.

Part-time job
 = $15 (20)
= $300

Full time job
= $12(40)
= $480

Since it is stated that $150 dollars is spent to entertainment coming from the part-time job, we simply then subtract $150 to $300.

= $300 - $150
= $150

Now to determine the cashflow difference of the part-time job and the full-time job, we simply subtract $150 to $480

= $480 - $150
=$230

Final answer:

The cash flow for the full-time job is $230 more than the part-time job.