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If a new full-time employee is paid $50,000 a year, and taxes and insurance add 20% of wages to the cost, what is the total

If a new full-time employee is paid $50,000 a year, and taxes and insurance add 20% of wages to the cost, what is the total cost of the employee to the company? annualWages + annualWages * employeeTaxesAndInsurance a 100000 b 10000 c 2500 d 20000

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