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 
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