I Cover IT makes iPhone and iPad covers. The employee payroll averages $300 000 per week. I

Question:

I Cover IT makes iPhone and iPad covers. The employee payroll averages $300 000 per week. I Cover IT would like to extend the pay cycle to fortnightly. The manufacturing workers union argues the company is saving payroll handling costs of$40 000 and has other benefits. If short-term funding earns 10 per cent per annum, quantify the other benefits?