Ruth contributes 18% of the total cost of her individual health care. This is $67.50
deduction from each of her biweekly paychecks. What is the total value of her individual
coverage for the year?

Respuesta :

Total value of annual health coverage = $ 9000

Calculation of total annual health coverage

Let the total annual health care expenditure = x

Ruth pays 18% of total health care expenditure, which is $ 67.50 for two weeks (ie 15 days)

So, total paid for one month = 67.5 x 2 = 135

And, total paid for full year = 135 x 12 = 1620

As mentioned, she pays 18% of total annual health care expenditure

Hence, 18% x = 1620

18 x / 100 = 1620

x = (1620 x 100) / 18

= 9000

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