What is the value of a yearly compensation package that includes a $54,000 salary, the full cost of a $250-per-month health insu

Question

2 years ago

6

rance plan, and the full cost of a $40-per-month life insurance premium?
A, 54,730
B, 54,290
C, 57,480
D, 57,040

2 answers:

masha68 [24] · Answer 1 · 2022-08-19T17:07:13+03:00

Answer:

Option C. $57480

Step-by-step explanation:

Yearly compensation package includes salary, health insurance and full cost of life insurance.

Compensation package will include salary = $54000

Yearly premium of health insurance = $250×12 = $3000

and yearly cost of insurance premium = $40×12 = $480

So, Yearly package will be = Salary + health insurance + Insurance premium

= 54000 + 3000 + 480

= $57480

Option C $57480 is the answer.

Ivahew [28] · Answer 2 · 2022-08-19T15:47:58+03:00

5 0

$250 \times 12 = 3000$
$40 \times 12 = 480$
$54000 + 3000 + 480 = 57480$
the answer is C