matg

posted by .

Kay is trying to decide between two job offers. The compensation package for job A includes 80% of the cost of a $300-per-month health insurance plan, 90% of the cost of a $40-per-month life insurance plan, a salary of $65,000 per year, and a 5% match on 401(k) contributions. The compensation package for job B includes 70% of the cost of a $400-per-month health insurance plan, 80% of the cost of a $50-per-month life insurance plan, a salary of $64,000 per year, and a 10% match on 401(k) contributions. Kay plans to contribute $8000 per year to her 401(k) plan.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Math

    Karen can be paid in one of two ways for selling insurance policies: Plan A:A salary of $750 per month, plus a commission of 10% of sales. Plan B:A salary of $1000 per month, plus a commission of 8% of sales in excess of $2000. For …
  2. Financial Literacy

    An architect's compensation package includes the total cost of a $250-per-month health insurance plan, the total cost of a $35-per-month life insurance plan, and a salary of $55,000 per year. What is the yearly value of the compensation …
  3. Finance and literacy

    A college professor's compensation package includes the total cost of a $350-per-month health insurance plan, the total cost of a $45-per-month life insurance plan, and a salary of $65,000 per year. What is the yearly value of the …
  4. Math

    A video rental company offers a plan that includes a membership fee of $6 and charges $2 for every DVD borrowed. They also offer a second plan, that costs $48 per month for unlimited DVD rentals. If a customer borrows enough DVDs in …
  5. algebra

    A video rental company offers a plan that includes a membership fee of $6 and charges $2 for every DVD borrowed. They also offer a second plan, that costs $48 per month for unlimited DVD rentals. If a customer borrows enough DVDs in …
  6. math

    A video rental company offers a plan that includes a membership fee of $8 and charges $2 for every DVD borrowed. They also offer a second plan, that costs $14 per month for unlimited DVD rentals. If a customer borrows enough DVDs in …
  7. financial literary

    Floyd employer purchase a health insurance plan that cost 825 per month Floyd page 105 toward the plan each month what is the annual value of the employer's contribution?
  8. math

    Lucy's employer pays 70% of the total cost of her family's health insurance plan, while Lucy pays the rest. If the total cost of the plan will increase from $450 per month to $650 per month, how much more will Lucy have to pay each …
  9. Math

    Verizon has two different cell phone plans. The cost, Y, of plan A is $11 a month Plus $.21 per minute. The cost, Y, of Plan B is $20 a month plus $.10 per minute. After how much time to the nearest minute will the cost of plan a B …
  10. financial literacy

    A college professor's compensation package includes the total cost of a $350-per-month health insurance plan, the total cost of a $45-per-month life insurance plan, and a salary of $65,000 per year. What is the yearly value of the …

More Similar Questions