a) To calculate Taryn's annual contribution for health care, we first need to determine the total cost of her family health care plan, and then find 11.5% of that cost.
The cost for a family health care plan for salary over $60,000 is $175 per month. To find the annual cost, we multiply by 12 (months in a year):
Annual cost = $175/month * 12 months = $2,100/year
Now, we can calculate Taryn's annual contribution, which is 11.5% of the annual cost:
Taryn's annual contribution = 11.5% * $2,100 = 0.115 * $2,100 = $241.50
So, Taryn's annual contribution for health care is $241.50.
b) To find the annual amount the employer will contribute, we can subtract Taryn's contribution from the total annual cost. The total annual cost is $2,100, and Taryn contributes $241.50, so:
Employer's annual contribution = Total annual cost - Taryn's annual contribution
Employer's annual contribution = $2,100 - $241.50 = $1,858.50
The employer will contribute $1,858.50 annually towards Taryn's family health care plan.