Ask question

Ask question

All categories

aleksklad [387]

1 year ago

10

Michelle receives 32K per year as an assistant fast food manager. Her benefits include health insurance, paid holidays, retireme

nt contributions, and a 2-week paid vacation each year. Because she wears a uniform, Michelle calculates that she saves $2,500 on clothing costs per year. She constructed this table to show the value of each benefit. What is her annual salary, including benefits?

1 answer:

ryzh [129]1 year ago

8 0

Answer:

The annual salary of Michelle including benefits = $48, 440

Step-by-step explanation:

<em>Since, you have not specified the table to show the value of each benefit.</em>

<em>So, I am assuming this table as the reference table to show the value of each benefit.</em>

<h3 /><h3><u>Benefits Value Table:</u></h3>

<h2> Benefit Value</h2>

Health Insurance $7,550

Paid Holidays $660

Retirement Contributions $4,500

Paid Vacation $1,230

Uniform Supplied $2,500

Here are the benefits details from the table:

Michelle receiving per year without benefits = $32000

Health Insurance as benefit = $7,550

Paid Holidays as benefit = $660

Retirement Contributions as benefit = $4,500

Paid Vacation as benefit = $1,230

Uniform Supplied as benefit = $2,500

So, the amount she gets from benefits = $7,550 + $660 + $4,500 + $1,230 + $2,500 = $16,440

So, the annual salary, including benefits could be calculated as:

Michelle receiving per year without benefits = $32000

The amount Michelle gets from benefits = $16,440

Michelle have annual salary including benefits = $32000 + $16,440

= $48, 440

Hence, the annual salary of Michelle including benefits = $48, 440

Keywords: calculation, salary, benefits, saving

Learn more about salary calculation from brainly.com/question/5715627

#learnwithBrainly

You might be interested in

If the price of attending Big Benefits University is $42,000 a year, including tuition, fees, books, and foregone earnings, what

Furkat [3]

Answer:

$229673.215

Step-by-step explanation:

Given : The price of attending Big Benefits University is $42,000 a year, including tuition, fees, books, and foregone earnings

To Find : what is the marginal cost of attending, if it takes you 5 years to graduate, and you assume a 3% annual inflation rate?

Solution:

Principal = $42000

Time = 5 years

Rate = 3% = 0.03

Formula : $A=P(1+r)^t$

$A_1=42000(1+0.03)^1$

$A_1=43260$

$A_2=42000(1+0.03)^2$

$A_2=44557.8$

$A_3=42000(1+0.03)^3$

$A_3=45894.534$

$A_4=42000(1+0.03)^4$

$A_4=47271.370$

$A_5=42000(1+0.03)^4$

$A_5=48689.511$

So , Marginal cost = 43260+44557.8+45894.534+47271.370+48689.511

Marginal cost = $229673.215

Hence the marginal cost of attending, if it takes you 5 years to graduate, and you assume a 3% annual inflation rate is $229673.215

5 0

1 year ago

Hich expression is equivalent to -4(7 - 2m) + 11m?

Sholpan [36]

Answer:

$- 4(7 - 2m) + 11m \\ = - 28 + 8m + 11m \\ = \boxed{19m - 28}$

<em><u>Expression (19m-28) is equivalent to -4(7 - 2m) + 11m.</u></em>

3 0

2 years ago

Tasha invests in an account that pays 1.5% compound interest annually. She uses the expression P(1+r)t to find the total value o

zhenek [66]

$\bf ~~~~~~ \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to &\$3000\\
r=rate\to 1.5\%\to \frac{1.5}{100}\to &0.015\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{annually, thus once}
\end{array}\to &1\\
t=years\to &5
\end{cases}
\\\\\\
A=3000\left(1+\frac{0.015}{1}\right)^{1\cdot 5}\implies A=3000(1.015)^5\implies A\approx 3231.852$

5 0

1 year ago

Read 2 more answers

Garret makes a ramp for his skateboard in the shape of a right triangle with a hypotenuse of 2 ft, and a leg of 1 ft. He wants t

N76 [4]

A.
Explanation.........

3 0

2 years ago

Which is greater 3.6 m or 36 cm?

WARRIOR [948]

Answer:

36

Step-by-step explanation:

36 is greater than 3.6

7 0

2 years ago

Read 2 more answers