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 f

Question

4 years ago

5

ee , when the new employee's salary is $150,000?

2 answers:

forsale [732] · Answer 1 · 2021-11-09T19:52:54+03:00

5 0

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

Andreas93 [3] · Answer 2 · 2021-11-09T21:52:22+03:00

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.