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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?

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  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.