SOLUTION: Anna’s employer pays 80% of her health insurance premium and deducts the remainder from her paycheck. Anna is paid biweekly, and the annual premium is $9,000. How much is deduc

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Anna’s employer pays 80% of her health insurance premium and deducts the remainder from her paycheck. Anna is paid biweekly, and the annual premium is $9,000. How much is deduc      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 1076583: Anna’s employer pays 80% of her health insurance premium and deducts the remainder from her paycheck. Anna is paid biweekly, and the annual premium is $9,000.
How much is deducted from her paycheck for health insurance?
SHOW WORK

$276.92

$69.23

$75.00

$300.00


Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Anna’s employer pays 80% of her health insurance premium and deducts the remainder from her paycheck. Anna is paid biweekly, and the annual premium is $9,000.
How much is deducted from her paycheck for health insurance?
SHOW WORK
------
bi-weekly cost of her health insurance:: 9000/26 = 346.15
------
Anna's bi-weekly payment:: 0.2*346.15 = $69.23
------
Cheers,
Stan H.
-----------
$276.92
$69.23
$75.00
$300.00