Question

The communications department hired Marilyn Curtis at an annual salary of $154,950. Advertising costs were $2,247.50. Interviewing expenses were: Marilyn Curtis, $1,647.43; Tom Hart, $996.94. The agency fee is 20% of the first year's salary. What was the total cost of hiring Marilyn?

Answer 1

• The total cost of hiring Marilyn Curtis would be $189,978.13

----------------------

First, we need to calculate the agency fee, which is 20% of Marilyn's annual salary:

• Agency fee =
• 20% of $154950 =
• 0.2 * $154950 =
• $30990

Next, we add up all the expenses:

• Salary = $154950
• Advertising costs = $2247.50
• Interviewing expenses = $1647.43 + $996.94 = $2644.37
• Agency fee = $30990

Total cost is the sum of the four:

• $154950 + $2247.50 + $2644.37 + $30990 = $189,978.13