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aleksklad [387]

2 years 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]2 years 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

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