asked 60.5k views
4 votes
Patty Randall's insurance costs $3,400.

If Elgin Power, her employer, pays 40%, how much does Patty pay?

asked
User Wajahat
by
8.7k points

1 Answer

5 votes

Final answer:

Elgin Power will pay 40% of Patty's insurance cost, which is $1,360.

Patty pays $2,040 for insurance.

Step-by-step explanation:

To find out how much Patty pays, we can start by calculating the amount that Elgin Power will pay.

Elgin Power will pay 40% of Patty's insurance cost, which is $3,400.

So, Elgin Power will pay :

= 40% * $3,400

= $1,360.

To find out how much Patty pays, we subtract the amount that Elgin Power pays from the total cost.

Patty pays $3,400 - $1,360

= $2,040.

So, Patty pays $2,040 for insurance.

answered
User Xiaolin
by
8.3k points
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