1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
posledela
2 years ago
7

Bob’s employer covers 23% of his family’s annual health insurance premium. The balance of the premium is deducted in equal a

mounts from Bob’s paycheck 26 times over the calendar year. If $185. 30 is withheld from each of Bob’s paychecks, what is his family’s annual health insurance premium? a. $805. 65 b. $4,817. 80 c. $6,256. 88 d. $20,946. 96 Please select the best answer from the choices provided A B C D.
Business
1 answer:
Aliun [14]2 years ago
8 0

Based on the amount covered and the amount withdrawn, we can calculate that Boba's annual health insurance premium is<u> $6,256.88</u>

First find the total amount withheld from Boba in a year:

= 185.30 x 26

= $4,817.80

Boba's employer covers 23% of his insurance so the amount withdrawn is 77% of the insurance.

The annual insurance is therefore:

<em>= Boba's share / Percentage paid by Boba</em>

= 4,817.80 / 77%

= $6,256.88

In conclusion, the annual premium is $6,256.88

<em>Find out more about </em><em>insurance premiums </em><em>at brainly.com/question/3757928. </em>

You might be interested in
Zeke, an employer, received a grievance from Gavin, an employee who was dismissed recently. Zeke rejected Gavin’s grievance as h
miss Akunina [59]

Answer:

The statement that would prove that Zeke made a faulty decision is that Both an employee and a a former employee can raised a grievance

Explanation:

Based on the information given about Zeke who is the employer , Gavin the employee and the formal employee who was dismissed The statement that would prove that Zeke the employer made a faulty decision is that Both an employee and the former or ex employee can raised a grievance reason been that settling dispute due to Grievance at a place of work can only take place with a current employee and not a formal employee , ex employee or a dismissed employee.

Therefore resolving Grievance at a place of work often take place with an employee with in the work environment and not with a formal employee.

7 0
3 years ago
Approximately what percentage of the u.s. public debt is held by foreign individuals and institutions (2015)?
denpristay [2]

34% as of 2015, $6.156 trillion

8 0
3 years ago
CalcuCo hired Effner &amp; Associates to design a new computer-aided manufacturing facility. The new facility was designed to pr
andriy [413]

Answer:

$953 per unit

Explanation:

For computing the average cost per unit first we have to determine the operating capacity at 85% after that the total cost which is shown below:

Operating capacity at 85% is

= 300 computers × 85%

= 255 computers

Now the total cost is

= Variable cost + Fixed cost

where,

Variable cost is

= $660 × 255 computers

= $168,300

And, the fixed cost is $74,700

So, the total cost is

= $168,300 + $74,700

= $243,000

Now the average cost per unit is

= $243,000 ÷ 255 computers

= $953 per unit

6 0
3 years ago
You want to be a venture capitalist (you have a lot of money to invest in other business that needed money) and recently identif
vfiekz [6]

Answer:

Invest money yourself and start a small venture capital company.

Explanation:

Venture capital is business financing strategy for startups which require high investments but also have high risk. The returns for such business is also high due to the risk exposure. These business have potential to grow beyond expectations. The investments is made by a person in the company to give it rise because of its long term growth potential. The solar power generation have trend that is gaining significance so investing in such a business is intelligent move.

6 0
3 years ago
Janet Home went to Citizen Bank. She borrowed $7,000 at a rate of 8%. The date of the loan was September 20. Janet hoped to repa
coldgirl [10]

Answer:

The interest is $189.78

Explanation:

The computation of the interest on January 20 is shown below:

= Principal × interest rate × number of days ÷ total number of days in a year

= $7,000 × 8% × 122 days ÷ 360 days

= $7,000 × 8% × 0.338

= $189.78

The 122 days are calculated below:

September - 10 days

October - 31 days

November - 30 days

December - 31 days

January  - 20 days

Total    - 122 days

And we assume the 360 days in a year

8 0
3 years ago
Other questions:
  • If julio ruiz has an income of $30,000, pays $6,000 in rent, $1,200 in utilities, and $5,000 in taxes per year, is disposable in
    5·1 answer
  • Pedro did not save any money for college. What is his best option for job training?
    15·2 answers
  • The short-run break-even price A) is the price at which the firm's current liabilities are paid off. B) is the price at which a
    12·1 answer
  • DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company
    7·1 answer
  • Qualitative characteristic being employed when companies in the same industry are using the same accounting principles. select a
    12·1 answer
  • Activity-based costing (ABC) systems ________. A. Unselected have the same cost allocation system as plantwide and departmental
    5·1 answer
  • At Tom's Automotive Repair, the mechanics rarely interacted directly with customers. Work orders were processed by the customer
    6·1 answer
  • An asset is placed in service on May 15, 2019 and has a depreciable basis of $40,000. The asset is in the 7-year recovery class
    15·1 answer
  • What are the key choices a company must make before reaching the final decision to go global?
    12·1 answer
  • Yolo I'm alone. And need help. Cuz I'm broke.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!