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Easy financial problem

Easy financial problem-example-1
User Lam Vinh
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2 Answers

3 votes
mm it’s D for sure :D
User Wocoburguesa
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Short Answer D
Remark
All numbers but two are not needed.

Step One
The cost of the insurance policy for 1 month is 66.60. Find 10% of the monthly cost.
Why ten %? The reason is that the other 90% is taken care of by his employer.

(10/100) * 66.60 = $6.66

Step Two
Find the yearly cost.
1 month = $6.66
12 months = x

1/12 = 6.66/x
x = 12 * 6.66
x = 79.92 <<<<< Answer
User Sgtz
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