To find: The preferred methods of payment for the offered job from given options I and II.
Option II is preferred for the methods of payment.
If Option II is preferred, then it has the following reason to select.
The less number of days for the month in a year is February. So choose the month February for convenience. It has 28days (not a leap year).
The last day of the February month to be get paid is 28.
Given that cents at the end of n days.
Substitute in equation(1)
That is, $1,342,177.28 per month. Therefore, the payment of option II is get more paid than the payment of option I.
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