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anyanavicka
2 months 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?
Mathematics
1 answer:
tester [12.3K]2 months ago
8 0

Response:

The annual income of Michelle along with benefits = $48, 440

Step-by-step clarification:

Since you have not provided details regarding the table of benefits hence, I will treat this table as the reference for showing benefit values.

Table of Benefits Value:

       Benefit                          Value

            Health Insurance                                 $7,550

            Paid Holidays                                       $660

            Retirement Contributions                    $4,500

            Paid Vacation                                        $1,230

            Uniform Supplied                                  $2,500

Here’s a breakdown of Michelle's benefits as per the table:

Annual income for Michelle without benefits =  $32,000

Health Insurance benefit = $7,550

Paid Holidays benefit = $660

Retirement Contributions benefit = $4,500

Paid Vacation benefit = $1,230

Uniform Supplied benefit = $2,500

Thus, the total benefit amount received = $7,550 + $660 + $4,500 + $1,230 + $2,500 = $16,440

Thus, the comprehensive annual salary including benefits can be calculated as:

Michelle's annual income before benefits =  $32,000

Total benefits received by Michelle = $16,440

Therefore, Michelle's full annual salary including benefits = $32,000 + $16,440

                                                                       = $48, 440

Thus, the overall annual income of Michelle including her benefits = $48, 440

Keywords: computation, salary, benefits, savings

Learn more about salary calculation from

                       

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