asked 34.6k views
4 votes
Erin's weekly health deduction from her check is $5.35. If his employer pays 80% of the premium, how much is her annual premium?

asked
User Shaurya
by
8.5k points

1 Answer

4 votes

Answer:

Step-by-step explanation:

I assume they are asking for the total premium paid per year, but I will also show just the amount she pays per year.

To figure out the total annual premium:

If the employer pays 80%, then the employee pays 20% (100%-80%).

Total Premium x .20% = 5.35

Total Premium = 5.35/.2 (20%)

Total Premium = 26.75 per week

Total annual premium is 26.75 x 52 weeks = 1,391

‘The employee only pays 20% or 5.35 per weekly paycheck. Her annual costs is 5.35 x 52 weeks=278.20

answered
User Rasthiya
by
8.2k points
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