26
QuizMultiple Choice

Employee Benefits

Question 26 • 26.27 TCEC FINANCIAL LIT

Miguel’s employer pays $1,825 in health insurance and $93 in life insurance per year. He also gets $2,860 in paid time off per year. His monthly gross pay is $3,890. What are Miguel’s total employee benefits per year?

Answer
A
$51,458
B
$46,680
C
$8,668
D
$4,778

Explanation

Add Miguel’s yearly benefits: $1,825 for health insurance + $93 for life insurance + $2,860 for paid time off = $4,778. His monthly gross pay is not an employee benefit, so it is not included. The correct choice is $4,778.

AI-written and checked against the verified answer.

Previous
Next