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Anonymous Anonymous
  • 22-04-2016
  • Mathematics
Answered

ERI has an annual payroll of $3.6 million. The budget allows for $3.86 million. Each entry level employee is paid $45000. How many additional entry level employees can the company afford to hire?

Verified Answer :

Mjxoxo15
Mjxoxo15 Mjxoxo15
  • 22-04-2016

$3,860,000 - $3,600,000= $260,000. $260,000/$45,000= 5.78
5 additional entry level employees

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