Question

The total cost of a prescription is $119.25. Mr. Jones's co-insurance plan requires him to contribute 15 percent of the cost. What's Mr. Jones's out-of-pocket cost for this prescription?

Answer 1

To find Mr. Jones's out-of-pocket cost for his prescription, calculate 15% of the total cost of $119.25, resulting in $17.89 after rounding.

Step-by-step explanation:

The question asks us to calculate Mr. Jones's out-of-pocket cost for his prescription if his co-insurance plan requires him to pay 15% of the total cost. The total cost of the prescription is $119.25.

To find out Mr. Jones's out-of-pocket expense, we calculate 15% of $119.25:

Out-of-pocket cost = 15% of total cost
= 0.15 × $119.25
= $17.8875

So, Mr. Jones's out-of-pocket cost will be $17.8875, which we can round to $17.89 for practical purposes.

Answer 2

gang gang i believe it's 25.76