Salary Increase

Your employer offers 2 options as an increase to your salary for the next year: Option 1: You can have a 2.5% increase of your median annual salary. Option 2: You can take an increase of $1500 added to your annual salary.  Find the new annual salary for both Option 1 and Option 2 for the college graduate. Show your calculations. Which option should you choose as a college graduate? Explain why using an absolute change or relative change statement in your response.  Find the new annual salary for both Option 1 and Option 2 for the high school graduate. Show your calculations. Which option should the high school graduate choose? Explain why using an absolute change or relative change statement in your response.