SOLUTION: In addition to an employee's salary, a company typically spends an additional 33% of the salary on employee benefits. A company is looking to hire three new employees and estimate

Question 1105706: In addition to an employee's salary, a company typically spends an additional 33% of the salary on employee benefits. A company is looking to hire three new employees and estimates $52,000 for each annual salary. Please estimate how much the company will spend on these three new employees for the first year
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
For each employee, it is $52,000+(0.33 * 52,000)=$69,333.33
For three of them, it is 3 times that and rounds up to $208,000.
One can triple the salary (156,000) and multiply it by 4/3 as well.
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