Andres is offered a job as manager of a health club. The job will pay $3,100 per month, paid semimonthly. Along with the base salary, the company offers to pay half the cost of medical insurance and will match Andres' contribution to a retirement plan up to a total of $3,500. If the full cost of the medical insurance is $450 per month and Andres plans to contribute the full $3,500 every year to a retirement plan, what is the actual annual value of this job to Andres? O$83,300 $43,400 O $42,600 O $46,100 O $37,200

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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oncos.schoolsplp.com/enrollments/156569804/items/CL1W7/work?prev=YU132
A Desmos | Graphing.. A ALEKS - Gracie Glov. M My Classes | McGra.
A Classes
O Western Brown Loc.
er
odels B: Lesson 2 - Other Forms of Compensation
Nex
Target due: 1/14/21
I J 1) Choose the correct answer.
Andres is offered a job as manager of a health club. The job will pay $3,100 per
month, paid semimonthly. Along with the base salary, the company offers to pay half
the cost of medical insurance and will match Andres' contribution to a retirement plan
up to a total of $3,500. If the full cost of the medical insurance is $450 per month and
Andres plans to contribute the full $3,500 every year to a retirement plan, what is the
actual annual value of this job to Andres?
$83,300
$43,400
$42,600
$46,100
T
$37,200
2) Choose the correct answer.
M
Transcribed Image Text:oncos.schoolsplp.com/enrollments/156569804/items/CL1W7/work?prev=YU132 A Desmos | Graphing.. A ALEKS - Gracie Glov. M My Classes | McGra. A Classes O Western Brown Loc. er odels B: Lesson 2 - Other Forms of Compensation Nex Target due: 1/14/21 I J 1) Choose the correct answer. Andres is offered a job as manager of a health club. The job will pay $3,100 per month, paid semimonthly. Along with the base salary, the company offers to pay half the cost of medical insurance and will match Andres' contribution to a retirement plan up to a total of $3,500. If the full cost of the medical insurance is $450 per month and Andres plans to contribute the full $3,500 every year to a retirement plan, what is the actual annual value of this job to Andres? $83,300 $43,400 $42,600 $46,100 T $37,200 2) Choose the correct answer. M
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