nika earns a gross pay of $73,000. her total employee benefits are 22% of her gross pay and she has no job…

nika earns a gross pay of $73,000. her total employee benefits are 22% of her gross pay and she has no job expenses. if nika gets an increase in pay of $5,000, what will her total employment compensation be? (note: employee benefits are based on nikas original gross pay.)\na. $78,000\nb. $79,100\nc. $94,060\nd. $95,160\nplease select the best answer from the choices provided\no a\no b\no c\no d

nika earns a gross pay of $73,000. her total employee benefits are 22% of her gross pay and she has no job expenses. if nika gets an increase in pay of $5,000, what will her total employment compensation be? (note: employee benefits are based on nikas original gross pay.)\na. $78,000\nb. $79,100\nc. $94,060\nd. $95,160\nplease select the best answer from the choices provided\no a\no b\no c\no d

Answer

Explanation:

Step1: Calculate employee benefits

Employee benefits = 22% of 73000 = 0.22×73000 = 16060

Step2: Calculate new gross - pay

New gross - pay = 73000 + 5000 = 78000

Step3: Calculate total employment compensation

Total employment compensation=New gross - pay+Employee benefits = 78000+16060 = 94060

Answer:

C. $94,060