Question Help
The table shows median annual earnings for women and men with various levels of education. Assuming the difference in the table remains constant over a 40-year
career, approximately how much more does a man with a bachelor's degree earn than a man with a high school education?
High
School
Associate's Bachelor's Professional
Only
degree Only degree Only Degree
Women $21,513 $39,520 $49,577 $80,335
Men $40,460 $50,792 $66,245 $119,119
A man with a bachelor's degree earns more than a man with a high school education over a 40-year career. ws

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Answer:

  $1,031,400

Step-by-step explanation:

A man with a high-school education earns $40,460 per year. A man with a bachelor's degree earns $66,245. The difference between these salaries is ...

  $66,245 - 40,460 = $27,785 . . . per year

Then in 40 years, the difference in earnings comes to ...

  (40 yr)($27,785/yr) = $1,031,400

A man with a bachelor's degree earns $1,031,400 more than a man with a high-school education over a 40-year career.