iyadalghazaly123 iyadalghazaly123
  • 01-08-2021
  • Business
contestada

Erin's weekly health deduction from her check is $5.35. If his employer pays 80% of the premium, how much is her annual premium?

Respuesta :

drmallery drmallery
  • 01-08-2021

Answer:

Explanation:

I assume they are asking for the total premium paid per year, but I will also show just the amount she pays per year.

To figure out the total annual premium:

If the employer pays 80%, then the employee pays 20% (100%-80%).

Total Premium x .20% = 5.35

Total Premium = 5.35/.2 (20%)

Total Premium = 26.75 per week

Total annual premium is 26.75 x 52 weeks = 1,391

‘The employee only pays 20% or 5.35 per weekly paycheck. Her annual costs is 5.35 x 52 weeks=278.20

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