According to the U. S. Census Bureau (2016), a substantial pay gap still exists. The average American man, with an advanced college degree, earns $90,761 per year, while a woman with an advanced college degree earns an average of $50,756 per year. Calculate the difference in earnings, over a 30-year career, for men vs women.

Question

Tyree

Mathematics

8 April, 07:57

According to the U. S. Census Bureau (2016), a substantial pay gap still exists. The average American man, with an advanced college degree, earns $90,761 per year, while a woman with an advanced college degree earns an average of $50,756 per year. Calculate the difference in earnings, over a 30-year career, for men vs women.

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Moriah Mason · Answer 1

The difference in earnings, over a 30-year career, for men vs women, is $1,200,150

Step-by-step explanation:

Per year.

The average man earns $90,761.

The average woman earns $50,756

So, per year, the difference is:

90,761 - 50,756 = 40,005

Over 30 years:

30*40,005 = 1,200,150

The difference in earnings, over a 30-year career, for men vs women, is $1,200,150