Braden's employers covers 70% of the cost of a $5100-per-year health insurance plan, and Braden's share of the cost of the plan is his only optional dedication. How much is deducted from Braden's paycheck each month for health insurance ?
I don't know how to get the answer, but i know the answer is 127.50.
Answer:
$127.50
Step-by-step explanation:
We have been given that Braden's employers covers 70% of the cost of a $5100-per-year health insurance plan.
First of all, we will find annual amount of health insurance plan paid by Braden by finding 30% (100-70) of $5100.
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Now, we will divide $1530 by 12 to find amount deducted from Braden's paycheck each month.
\(\text{Monthly deduction for health insurance}=\frac{\$1530}{12}\)
\(\text{Monthly deduction for health insurance}=\$127.50\)
Therefore, an amount of $127.50 is deducted from Braden's paycheck each month for health insurance.