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Employee Benefits Coordinator

Real-Life Activities

Real-Life Math

Employee benefits coordinators must do many different calculations. They figure out each employee's health insurance benefits, health benefits and pension plans.

"If you don't have a basic understanding of math you'll be lost in trying to calculate certain benefits formulas," says employee benefits manager Paul Nerland.

You are an employee benefits coordinator. You are helping an employee get involved in company stock ownership.

A woman wants to invest $1,000 in the company. She earns 5 percent interest per year on the money. At the end of each year, she decides not to touch anything in the account. At the end of 3 years, how much money will she have in the account?

Contact

  • Email Support
  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900
  • North Dakota Career Resource Network
    ndcrn@nd.gov | (701) 328-9733

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