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Your annual health insurance premium is $ 3000. your business pays 65% if you are paid weekly what is the paycheck deduction
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Your annual health insurance premium is $ 3000. your business pays 65% if you are paid weekly what is the paycheck deduction
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Nov 19, 2018
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your annual health insurance premium is $ 3000. your business pays 65% if you are paid weekly what is the paycheck deduction
Mathematics
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Yuchao Jiang
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Yuchao Jiang
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65% of the premium, paid by the business, is
$ 3,000×65/100 = $ 1,950
The amount you have to pay annually is
$ 3,000 - $ 1,950 = $ 1,050
Since there are 52 weeks in a year, the weekly deduction would be
$ 1,050 / 52 = $ 20.19
Thore
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Nov 23, 2018
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Thore
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