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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Based on the amount covered and the amount withdrawn, we can calculate that Boba's annual health insurance premium is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Boba's employer covers 23% of his insurance so the amount withdrawn is 77% of the insurance.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>

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TP4.
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