Question

Mova Industries pays a finder's fee of 20% of the new employee's annual salary. What is the correct setup to find the finder's fee , when the new employee's salary is $150,000?

Answer 1

.2 x 150,000 would be the way to find the employee's salary because 20% = .2

Answer 2

Answer:

Finder's fee = $30,000

Step-by-step explanation:

Mova industries pay a finder's fee which is equivalent to 20% of the new employee's annual salary.

If the annual salary of the new employee, which is given, is equal to $150,000, we can calculate the finder's fee.

For that, calculate 20% of $150,000:

FInder's fee = $\frac{20}{100}$ × $150,000$

Finder's fee = $30,000$

Therefore, Mova industries pay a fees $30,000 to the finders.