Respuesta :
Answer:
If the amount shown is annual then Lance pay
$2,776.5 annually
$53.39 weekly
Step-by-step explanation:
Total premium amount is $9,255
As given, 70% amount is paid my employer
It means Lance is left with
$9,255 - 70% * $9,255 = 9255 - 6478.5 = $2,776.5
It means Lance pay $2,776.5 annually.
As we know, there are 52 weeks in an year, so the weekly deducted amount will be
2776.5/52 = 53.39.
Amount deducted per week is $53.39
Answer:
a) $2776.5 annually
b) $53.4 per week
Step-by-step explanation:
Given:-
- The cost of HMO plan, C = $9,255 annually
- Employer pays 70% of cost.
Find:-
How much does lance pay annually? How much is deducted from his weekly paycheck?
Solution:-
- The HMO plan costs $9,255 while Employer pays 70% of the cost, Lance pays the remaining 30%.
Amount paid by Lance = 30% of C
= ( 30 / 100 )*( $9,255 )
= $2776.5 annually
- The amount paid is cut annually from his paycheck. On weekly basis the amount would be, 1 year = 52 weeks
$2776.5 --------> 52 weeks
x ---------> 1 week
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x = $2776.5 / 52 = $ 53.4 per week
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