ljones1051 ljones1051

12-04-2017
Mathematics

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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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Aliwohaish12 Aliwohaish12

12-04-2017

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

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