Question

health insurance coverage for an employee and their children is $6,240 per year. Their employer pays 70% of that cost. How much is taken from the employee's biweekly paycheck?

Answer 1

$72.00

Explanation:

If the employer pays 70%, then the employee pays 30%

.3 x 6240 = 1872.

The employee pays this over 26 checks. 52 weeks in a year/ 2 = 26.

1872/26 = 72