Answer:
Leah's total annual compensation is $38,250
Explanation:
According to the information provided Leah has an Annual Salary of $ 30,000
. To calculate Leah's total annual compensation we would have to calculate her Employer Contribution as follows:
Employer Contribution:
401(k) - $30,000 X 1.5%=$450
Health Insurance - $2,000 X 12=$2,400
Life Insurance - $50 x 12=$600
AD&D Insurance - $25 X 12=$300
Taxes & Insurance - $30,000 X 15%=$4,500
Therefore, Employer Contribution=$8,250
Total annual compensation=Annual Salary+Employer Contribution
Total annual compensation=$30,000+$8,250=$38,250
