Question

Kassidy is a financial consultant for Kurtz Finance. She earns $748.00 weekly. Her annual group medical coverage costs $9,560, of which Kurtz Finance pays 65%. How much is deducted weekly from her paycheck for medical coverage? *

Answer 1

Kassidy's annual medical coverage is $9560 of which she only pays 35%. To find out how much she pays annualy we use the rule of three.

`\begin{gathered} 9560\rightarrow100 \\ x\rightarrow35 \end{gathered}`

Then she pays annualy:

`\begin{gathered} x=(35\cdot9560)/(100) \\ =3346 \end{gathered}`

Since the year has 52 weeks the company deducts $64.35 weekly.