Question

Kerri Payne is employed by Carterer's Central company. She has a family membership in the health insurance program. The annual premium is $6,486. Payne's employers pays 80 percent of the total cost. Her contribution is deducted from her paycheck. What is Payne's annual contribution?

Answer 1

Payne's annual contribution is 1,297.20

Explanation:

to find the 80% you need to multiply 6,486 X .80 to find how much the company paid wich is 5,188.8

Then subtract 5188.8 from 6484 to get 1297.2 which is Kerri annual contribution