Problema Solution
Company spends an additional 33 percent of salary on employee benefits. Looking to hire 3 new employees at 52000 each annually. How much will they spend on all 3 the first year?
Answer provided by our tutors
3*(52,000 + 0.33*52,000) = 3*52,000*1.33 = $207,480
The company will spend $207,480 for the first year.