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26 February, 01:16

Sergio's employer covers 80% of the cost of a $3300-per-year health insurance plan and 70% of the cost of a $1400-per-year disability insurance plan. if sergio gets paid monthly, what is the total amount deducted from his gross income for health and disability insurance during each pay period?

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  1. 26 February, 01:21
    0
    Total employer cover = 0.8*3300 + 0.7*1400 = 3,620

    Sergio's contribution annually = 3300+1400 - 3,620 = 1,080 per year

    Since the pay period is monthly, the gross amount deducted each month = 1,080/12 = $90/month for his health and disability insurance
  2. 26 February, 01:24
    0
    APEX Confirmed

    Answer: $90.00
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