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kondaur [170]
3 years ago
9

Gerome Houser is a pastry chef at McKay’s Eatery. His annual salary is $45,623. His benefits include $1,755 for two weeks of vac

ation, $3,898 for health insurance, $661 for Medicare, $2,828 for Social Security, and $2,098 for unemployment insurance. He also gets paid $1,404 for eight holidays throughout the year. What is the rate of benefits rounded to the nearest tenth of a percent?
Business
1 answer:
alexgriva [62]3 years ago
5 0
First, we add up all the benefits that Gerome Houser gets from his job. That is,
                       $1,755 + $3,898 + $2,898 +$2,098 +$1,404 = $12,053
Then, we divide this amount by his annual salary and multiply the quotient by 100% to get the answer. 
                        ($12,053 / $45,623) x 100% = 26.4%
Therefore, Gerome Houser's rate of benefits is approximately 26.4%. 
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