1. **State the problem:** We need to compare two job salaries given in different currencies to determine which job offer has the highest salary.
2. **Given data:**
- Milan job salary: €55000 per year
- Boston job salary: 64000 dollars per year
- Exchange rates: £1 = $1.42 and £1 = €1.25
3. **Goal:** Convert both salaries to the same currency to compare them fairly. We will convert both salaries to British pounds (£) because we have exchange rates for both currencies to pounds.
4. **Formula:** To convert from one currency to pounds, use
$$\text{Amount in £} = \frac{\text{Amount in foreign currency}}{\text{Exchange rate (foreign currency per £)}}$$
5. **Convert Milan salary to pounds:**
$$\text{Salary in £} = \frac{55000}{1.25} = 44000$$
6. **Convert Boston salary to pounds:**
$$\text{Salary in £} = \frac{64000}{1.42} \approx 45070.42$$
7. **Compare salaries in pounds:**
- Milan: £44000
- Boston: £45070.42
8. **Conclusion:** The Boston job offer has a higher salary when converted to pounds.
**Final answer:** The Boston job offer has the highest salary.
Salary Comparison 695278
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