Question

Marisol receives total employee benefits that are 14.5% of her gross annual pay. If Marisol has a gross annual pay of $50,000, how much in total employee benefits does she receive?
a.
$72.50
b.
$725
c.
$7,250
d.
$57,250

Answer 1

14.5% of $50,000 = 0.145 × $50,000 = $7,250. Answer: c.