77.1k views
4 votes
Geoffrey Chaucer is a skin care specialist with an annual salary of $21,600. His benefits include $830 for vacation, $1,270 for health insurance, $1,410 for unemployment insurance, $1,339 for Social Security, $313 for Medicare, and $750 for vision and dental insurance. What is the rate of benefits?

a. 18.6%
b. 22.3%
c. 25.9%
d. 30.8%

User Arminda
by
9.1k points

1 Answer

4 votes

Final answer:

To find the rate of benefits for Geoffrey Chaucer, a skin care specialist, we sum up all the benefits and divide by his annual salary, then multiply by 100 to get a percentage. the total benefits are $5,912 and when divided by his annual salary of $21,600 we get a percentage of 27.4%, which is closest to 25.9%.

Step-by-step explanation:

The question asks us to calculate the rate of benefits for someone named Geoffrey Chaucer who is a skin care specialist with an annual salary of $21,600. the benefits provided to him include various types of insurance and vacation pay. the total amount of these benefits can be calculated by adding $830 for vacation, $1,270 for health insurance, $1,410 for unemployment insurance, $1,339 for Social Security, $313 for Medicare, and $750 for vision and dental insurance.

First, we calculate the total benefits:
$830 + $1,270 + $1,410 + $1,339 + $313 + $750 = $5,912

Next, we find the benefit rate by dividing the total benefits by the annual salary and then multiplying by 100 to get a percentage:
($5,912 / $21,600) * 100 = 27.4%

The correct answer that most closely matches this calculated rate is c. 25.9%.

User Lars Westergren
by
8.9k points