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Stella [2.4K]
3 years ago
9

Lara Otero is employed by Parks Inc. She is on a single plan with a PPO annual premium of $6,009. Lara's employer pays 75% of th

e total cost. Her contribution is deducted from her paycheck. What is Lara's semimonthly deduction?
Mathematics
2 answers:
Fudgin [204]3 years ago
5 0
If Lara's company pays 75% then she pays 25%. So the total she pays in 1 year (annual) of her premium is: $6,009.00 * 0.25 = $1502.25 So, each month she pays 1/12 of that amount or: $1502.25 / 12 = $125.1875 or rounded to nearest penny $125.19
Debora [2.8K]3 years ago
4 0

The answer is $62.59

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