Question

Trina employer purchased a health insurance plan that's costs $550 per month. Trina pays $85 toward the plan each month. What is the annual value of the employer contribution?

Answer 1

Answer: $5580.00

Explanation:

Answer 2

subtract the amount Trina pays from the total:

550 - 85 = 465 per month employer pays

12 months per year

465 * 12 = $5,580 per year is what the employer pays