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27 January, 09:25

From each of Janet's weekly paychecks, $13.50 is deducted fro health insurance. If her employer is paying 80% of the cost of this insurance, what is the total annual premium for Janet's health insurance?

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  1. 27 January, 09:42
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    Answer: $518.40

    Step-by-step explanation:

    Total annual premium of Janet's insurance can be calculated as follows:

    13.50 deducted weekly for healthinsurance

    4 weeks = one month;

    twelve months = annual

    If 80% of the 13.50 is remitted weekly

    80/100 * 13.50

    = $10.80 is remitted weekly

    Therefore, amount remitted per month

    = $10.80 * 4 weeks

    = $ 43.20

    Total annual premium remitted will be: amount remitted per month * 12months

    =$43.20 * 12

    = $518.40
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