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Finance : Rate of Benefits

Teri's annual salary is$17,470. Benefits consist of 1 week paid vacation, 8 paid holidays, 80% of a total health insurance package costing $2100, 3% unemploymnt insurance,6.2% social security,and 1.45% medicare.What is the rate of benefits?
a.14.3% b.17.8% c.21.9% d.25.3% e.not given

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Solution. Since benefits consist of 1 week paid vacation, 8 paid holidays, 80% of ...

Solution Summary

The rate of benefits is calculated.

$2.19