Question

Bill's job covers 75% of his healthcare insurance plan. If the premiums for thatplan are $3,250 per year, what will Bill's healthcare deduction be per month?

Answer 1

hello

to solve this question, we simply divide the total cost of the premuim plans by 12

cost of annual premuim plan = $3250

in a year, we have 12 months and hence to find the cost he has to pay monthly, let's divide the total by 12

$x=\frac{3250}{12}=270.83$

the cost of his monthly plans is $270.83