Final answer:
Rachel and Dustin Lutts pay $643.50 each quarter for their PPO insurance premium, dental plan, and vision plan premiums combined. This is calculated by adding their annual share of the PPO premium with the costs of the dental and vision plans, and dividing by four.
Step-by-step explanation:
The student has asked how much Rachel and Dustin Lutts pay each quarter for their insurance premiums. To calculate this, we will add the amounts paid for the PPO insurance premium, dental plan, and vision plan annually, and then divide by 4, since there are 4 quarters in a year.
First, let's determine the annual amount they pay for the PPO insurance premium:
Annual PPO insurance premium: $12,640
Percentage they pay: 10%
Amount they pay annually for PPO: 10% of $12,640 = $1,264
Next, we add the costs of the dental and vision plans to the annual PPO premium amount:
Dental plan: $866 annually
Vision plan: $444 annually
Total annual premium: $1,264 (PPO) + $866 (Dental) + $444 (Vision) = $2,574
Finally, we divide the total annual premium by 4 to find the quarterly payment:
Quarterly payment = $2,574 / 4
Quarterly payment = $643.50
Therefore, Rachel and Dustin Lutts will pay $643.50 each quarter for their insurance premiums.