An employee has an annual salary of $48,700. They receive $1,530 in health insurance and $2,810 in paid time off per year. They drive their personal vehicle for work which costs them $500 per month, but the company reimburses them $0.53 per mile for the total work miles driven. If the employee drives 9,000 miles for work for the year, what will be their total employment compensation?
Answer:
Answer is $51810.
Step-by-step explanation:
Annual salary = $48700
Health insurance receivable = $1530
Amount of paid time off per year = $2810
Cost per mile reimbursed = $0.53
Miles driven = 9000 miles
So, reimbursed amount = @@MATH_TOKEN_0@@ dollars
Compensation = @@MATH_TOKEN_1@@ dollars
Personal vehicle expense = @@MATH_TOKEN_2@@ dollars
Total employment compensation = @@MATH_TOKEN_3@@ dollars
Answer is $51810.