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, a nd a salary of $45,000 per year. What is the yearly value of compensation package

Answer 1

For the answer to the question above asking what is the yearly value of compensation package?
I'll show my solution below.
45,000 + 12(150 + 55)

45000 + 12 ( 205)

45000 + 2460
The answer to the question above is

$ 47,460
I hope my answer helped you. Feel free to ask more questions. Have a nice day!