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Floyds employer purchased a health insurance plan that cost $825 per month. Floyd pays $105 toward the plan each month. What is the annual value of the employer's contribution? A. $1260.00 B. $9900.00
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Floyds employer purchased a health insurance plan that cost $825 per month. Floyd pays $105 toward the plan each month. What is the annual value of the employer's contribution?

A. $1260.00
B. $9900.00
C. $8640.00
D. $7160.00

User Danny Frencham
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1 Answer

5 votes
The answer is C, because the employer pays $720 a month towards the plan, so $8640 annually.
User Simon Baars
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