Question

an architects compensation package includes the total cost of a 250 per month health insurance plan,the total cost of per month life insurance plan and a salary of 55,000 per year.what is the yearly value of the compenstion

Answer 1

The answer is 58,420. If it is asking per year, and it is given in months all you need to do is multiply by 12 . add 250*12 and 35*12 and 55,000 and you get 58,420.