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30 December, 22:06

Hermosa Menendez is employed by Chemical Industries. She has a family membership in the group preferred provider organization (PPO). The annual premium is $6,180. Her employer pays 75 percent of the premium.

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  1. 30 December, 22:24
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    a) $4635

    b) $1545

    c) $29.7 per week

    Step-by-step explanation:

    Hermosa Menendez is employed by Chemical Industries. She has a family membership in the group preferred provider organization (PPO). The annual premium is $6,180. Her employer pays 75 percent of the premium.

    a) How much does the employer pay annually

    b) How much does she pay annually

    c) How much is deducted each week as her weekly cost

    a)

    Given that:

    The annual premium = $6180

    Employers percent = 75% = 0.75

    The money the employer pays annually = Annual premium * Employers percent = $6180 * 0.75 = $4635

    b)

    Since the employers percent = 0.75, her percent = 1 - 0.75 = 0.25

    The money that she would pay annually = Annual premium * her percent = $6180 * 0.25 = $1545

    c)

    There are 52 weeks in a year.

    The money she would pay weekly = money that she would pay annually / 52 weeks = $1545 / 52 weeks = $29.7 per week
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