Answer:
$4,080
Step-by-step explanation:
First of all, it is important to note that a biweekly payment may mean two things; a payment that is made once every two weeks, or twice a week, but the former is most likely the case for a worker.
If $170 is paid every two weeks for healthcare coverage,
The in a month (4 weeks) the amount paid for healthcare coverage
= 170 × 2 =$340
To find the annual payment, we have to note that one year = 12 months
∴ 1 month = $340
∴ 12 months = 340 × 12 = $4,080
on the other hand, and less likely, if biweekly referred to a payment of twice a week;
the healthcare amount for a month
= 170 × 8 = $1,360
therefore, for a year, payment = 1,360 × 12 = $16,320. But like I said this is less likely the case
