From each of Janet's weekly paychecks, $13.50 is deducted fro health insurance. If her employer is paying 80% of the cost of this insurance, what is the total annual premium for Janet's health insurance?

Respuesta :

Answer: $518.40

Step-by-step explanation:

Total annual premium of Janet's insurance can be calculated as follows:

13.50 deducted weekly for healthinsurance

4 weeks= one month;

twelve months= annual

If 80% of the 13.50 is remitted weekly

80/100 × 13.50

= $10.80 is remitted weekly

Therefore, amount remitted per month

= $10.80 × 4 weeks

= $ 43.20

Total annual premium remitted will be: amount remitted per month × 12months

=$43.20 × 12

= $518.40