the total annual premium for health insurance for crystal is $9228. her employer pays 85% of the premium and…

the total annual premium for health insurance for crystal is $9228. her employer pays 85% of the premium and deducts the remainder from her paycheck. crystal is paid semimonthly. how much is deducted from her paycheck for health insurance? $53.24 $57.68 $301.68 $326.83

the total annual premium for health insurance for crystal is $9228. her employer pays 85% of the premium and deducts the remainder from her paycheck. crystal is paid semimonthly. how much is deducted from her paycheck for health insurance? $53.24 $57.68 $301.68 $326.83

Answer

Answer:

A. $53.24

Explanation:

Step1: Calculate Crystal's share of the premium

Crystal's share = $(1 - 0.85)\times9228=0.15\times9228 = 1384.2$

Step2: Calculate the number of paychecks per year

Since she is paid semimonthly, number of paychecks = $2\times12 = 24$

Step3: Calculate the deduction per paycheck

Deduction per paycheck = $\frac{1384.2}{24}=57.675\approx57.68$