amy is analyzing a job offer. amys salary analysis annual salary $48,500 benefits 401k matched up to…

amy is analyzing a job offer. amys salary analysis annual salary $48,500 benefits 401k matched up to $2,500/year, $5,000 in bonuses average monthly rent $1,100 average monthly utility costs $200 how much income with benefits can she expect? $43,500 $48,500 $53,500 $56,000

amy is analyzing a job offer. amys salary analysis annual salary $48,500 benefits 401k matched up to $2,500/year, $5,000 in bonuses average monthly rent $1,100 average monthly utility costs $200 how much income with benefits can she expect? $43,500 $48,500 $53,500 $56,000

Answer

Explanation:

Step1: Calculate total benefits

The 401K match is $2,500 per year and the bonus is $5,000 per year. So the total annual benefits are $2,500 + $5,000=$7,500.

Step2: Calculate total income

The annual salary is $48,500. Add the total annual benefits of $7,500. So the total income is $48,500 + $7,500 = $56,000.

Answer:

$56,000