Question

A newspaper writers 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 would the yearly value of the compensation package be

Answer 1

150 x 12 = 1800
55 x 12 = 660

1800 + 660 + 45000 = 47,460

Answer 2

The answer is: $ 47,460.

Explanation:

$ 150 x 12 month health insurance plan = 1800 $

$ 55 x 12 month life insurance plan = $ 660

With an annual salary of $ 45,000 + Health Insurance $ 1800 + Life insurance $ 660 = $ 47460

The answer is: $ 47,460.