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A newspaper writer's compensation package includes the total cost of a $150-per-month health insurance plan, the total cost of a $55-per-month life insurance plan, and a salary of $45,000 per year. What is the yearly value of the compensaton package?

 Feb 28, 2019
 #1
avatar+955 
+1

A newspaper writer's compensation package includes the total cost of a $150-per-month health insurance plan, the total cost of a $55-per-month life insurance plan, and a salary of $45,000 per year. What is the yearly value of the compensaton package? 

That is simple 

2460 that si the ammout yearlly

 

150 plus 55 = 205 then times 205 by 12 and I get my answer each year he gets 2,460....

 

what number is the compensaton package? Or is that the part you dont know!

 Feb 28, 2019
 #2
avatar+955 
+1

Do you want to know how mant times 2,460 goes into 45,000 per year???

Nickolas  Feb 28, 2019
 #3
avatar+17275 
+3

The writer, each month gets   $55 + 155 =  $205/month in additional compensation above salary.

The TOTAL COMPENSATION PER YEAR would be   12 x $205  +  $ 45,000 =$ 47460./yr

 Feb 28, 2019
 #4
avatar+955 
+1

Oh man I was so close!!

Nickolas  Feb 28, 2019
 #5
avatar+17275 
+2

I'll give ya partial credit.....  1/2 of a heart.    Haha   cheeky

ElectricPavlov  Feb 28, 2019
 #6
avatar+955 
+2

Thanks!!

Nickolas  Feb 28, 2019
 #7
avatar+955 
+2

I have to start to understand the formulas!

Nickolas  Feb 28, 2019
 #8
avatar+164 
+1

heh thank you

 Mar 1, 2019

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