anton must pay a co - pay of $30 for an office visit. his insurance company will then pay 85% of the cost of…

anton must pay a co - pay of $30 for an office visit. his insurance company will then pay 85% of the cost of the visit. how much will anton pay for an office visit that costs $270? $36.00 $40.50 $56.00 $70.50

anton must pay a co - pay of $30 for an office visit. his insurance company will then pay 85% of the cost of the visit. how much will anton pay for an office visit that costs $270? $36.00 $40.50 $56.00 $70.50

Answer

Explanation:

Step1: Calculate insurance - paid amount

The insurance company pays 85% of the cost of the visit. The cost of the visit is $270. So the amount paid by the insurance company is $270\times0.85 = 229.5$.

Step2: Calculate Anton - paid amount

Anton pays a co - pay of $30 and the remaining amount after the insurance payment. The remaining amount is $(1 - 0.85)\times270=0.15\times270 = 40.5$. The total amount Anton pays is the co - pay plus the remaining amount, which is $30 + 40.5=70.5$.

Answer:

$70.50$