Problema Solution

in addition to an employees salary, a company typically spends an additional 33%of the salary on employee benefits. a company is looking to hire three new employees and estimates $52,000 for each annual salary. please estimate how much the company will spend on these three new employees for the first year.

Answer provided by our tutors

For 1 employee in one year the company will spend


$52,000 + (33% of $52,000 for employee benefits)


52000 + 0.33*52000 = 1.33*52000 = $69,160


For 3 employees in one year it will be triple that sum that is


3*(52000 + 0.33*52000) = $207,480.