Answer:
$69560
Step-by-step explanation:
The yearly compensation package includes a yearly salary of $65000, the health insurance plan of $350 per month and a life insurance premium of $30 per month.
Total compensation in health insurance plan is $(350 × 12) = $4200
Total compensation in life insurance premium is $(30 × 12) = $360
Therefore, total yearly compensation package is $(65000 + 4200 + 360) = $69560 (Answer)
Answer:
3
Step-by-step explanation:
Answer:
Occam’s razor theory.
Step-by-step explanation:
This theory is known as Occam’s razor theory.
It's a theory based on the principle whereby we give precedence to simplicity. It states that out of two competing theories, the one with the simpler explanation of an object should be embraced over the other. The reason is that the philosopher William of Ockham said that "objects are not meant to be multiplied beyond absolute necessity.”
This definition resonates with what is explained in the question.
Thus, the theory is as explained.
