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An Employee Earns $2400 in Gross Wages Each Month

Question 56

Multiple Choice

An employee earns $2400 in gross wages each month. For medical and dental insurance, the employee pays $42 per month and the employer pays $627 per month. Total compensation is the amount of gross wages plus the amount that the employer pays for insurance. Find the total compensation per year for the employee. .


A) $36,324
B) $35,820
C) $36,828
D) $20,772

Correct Answer:

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