Question

Nika earns a gross pay of $73,000. Her total employee benefits are 22% of her gross pay and she has no job expenses. If Nika gets an increase in pay of $5,000, what will her total employment compensation be? (Note: Employee benefits are based on Nika's original gross pay.)

a.
$78,000
b.
$79,100
c.
$94,060
d.
$95,160

Answer 1

Actually, your correct answer is C. just took the test :)

Answer 2

Option c. $94,060 is correct.

Explanation:

Nika earns a gross pay = $73,000

Her total employee benefits = 22% of 73,000

`(22)/(100)` × 73,000

= 0.22 × 73,000 = $16,060

Now, add the benefits to the salary = 73000 + 16060 = $89060

and now add the $5000 raise = 89060 + 5000 = $94,060

Nika's total employment compensation would be $94060.

Option c. $94,060 would be her total employment compensation.