SOLUTION: Carmen Toreii pays $212.35 per month for his group medical insurance. His employer pays 65% of the cost. How much is the annual premium for Carmen's health insurance?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Carmen Toreii pays $212.35 per month for his group medical insurance. His employer pays 65% of the cost. How much is the annual premium for Carmen's health insurance?       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 1047903: Carmen Toreii pays $212.35 per month for his group medical insurance. His employer pays 65% of the cost. How much is the annual premium for Carmen's health insurance?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
.35M = 212.35
Monthly Total= 212.35/.35
Annual total= 12(212.35/.35)