Question

Total annual premium for health insurance for Martina is 7705. Her employer pays 90% of the premium and the ducks the remainder from her paycheck. Martina is paid biweekly

How much is deducted from her paycheck for health insurance?
$29.63
$32.10
$266.71
$288.94

Answer 1

$29.63

Explanation:

The total amount deducted from Martina's paycheck annually is;

10% of 7705 which is equivalent to 770.5.

Considering that she is paid biweekly, we divide this amount by 26 which is the approximate number of biweekly periods in a year;

770.5/26 = 29.63

Therefore, $29.63 is deducted from her biweekly paycheck for health insurance