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27 September, 06:12

The annual health insurance premium for Ms. Everett is $12,304. Her employer pays 70% of the premium and deducts the remainder from her paycheck. Ms. Everett is paid monthly. what amount is deducted for Ms. Everett's paycheck for her health insurance premium?

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  1. 27 September, 06:31
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    The amount deducted for Ms. Everett's paycheck for her health insurance premium is $307.6

    Step-by-step explanation:

    given information:

    annual insurance = $12304

    employer pay annually = 70%

    first we calculate the annual insurance paid by the employer

    employer paid annual insurance = 70% x $12304

    = $8612.8

    then, we calculate the insurance paid by Ms. Everett annually

    Ms. Everett paid annual insurance = $12304 - $8612.8

    = $3691.2

    thus, amount is deducted for Ms. Everett's paycheck for her health insurance premium

    Ms. Everett's paycheck deduct = $3691.2/12

    = $307.6
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