Question

Nuno has 10.50 deducted from his weekly paycheck for health care. if his employer pays 70% of the premium, how much is his annual premium?

Answer 1

Amount Deducted from Nuno's paycheck weekly for healthcare = $ 10.50

Amount paid by employer for nuno's  premium for health care = 70% of premium

Let amount for weekly  premium = $ x

So, 10.50 + $\frac{70 x}{100}$ = x

$x-\frac{70x}{100}=10.50\\\\\frac{30x}{100}=10.50\\\\x=\frac{1050}{30}= 35$

Amount charged for a day for the premium = $ 5

As there are 52 weeks + 1 day  in a non leap year.

Total Amount that is Annual premium = 52 × 35+5 =1820+5 = $ 1825

If this is a leap year : 52 weeks + 2 days

Total Annual premium = 1820 +10 = $ 1830

Answer 2

The correct answer is for this is 1820 i completed this a day ago
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