Question

Mr. Henderson’s annual premium of $4,668 is covered entirely by his employer along with 25% of the $9,264 premium for his wife and kids. How much of the Henderson family’s annual premium is being paid for by Mr. Henderson’s employer?

Answer 1

The correct answer is C.

Explanation:

$6,984

Answer 2

The fully covered premium amounts to $4,668. Next, we calculate the partially covered premium using: 25% * 9,264 = 2,316 Now, the total annual premium paid by Mr. Henderson's employer is equivalent to the sum of the completely covered premium and partially covered premium. This is: 4,668 + 2,316 = $6,984 of the Henderson family's annual premium is covered by Mr. Henderson's employer