Question

Kathy Parker's employer pays 65% of the total cost of her $5,489 health insurance premium. What is her biweekly deduction for the insurance?

Answer 1

Answer:

$73.89

Step-by-step explanation:

We have been given that Kathy Parker's employer pays 65% of the total cost of her $5,489 health insurance premium.

This means Kathy pays 35% of her health insurance premium.

Let us find 35% of $5489.

$\text{Amount of health insurance premium paid by Cathy per year}=\frac{35}{100}\times\ 5489$

$\text{Amount of health insurance premium paid by Cathy per year}=0.35\times\ 5489$

$\text{Amount of health insurance premium paid by Cathy per year}=\ 1921.15$

As we are asked to find Cathy's biweekly deduction for the insurance we will divide amount of premium paid by Cathy by 26 as biweekly is paid 26 times per year.

$\text{Cathy's biweekly deduction}=\frac{\ 1921.15}{26}$

$\text{Cathy's biweekly deduction}=\ 73.89$

Therefore, Cathy's biweekly deduction for the insurance is $73.89.