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Nykimabarber1999
Nykimabarber1999 Nykimabarber1999
  • 07-02-2017
  • Mathematics
Answered

rina's employer purchased a health insurance plan that costs $550 per month. Trina pays $85 toward the plan each month. What is the annual value of the employer's contribution?

Verified Answer :

LadyCiel
LadyCiel LadyCiel
  • 07-02-2017

It costs $550 per month but Trina pays $85. That means that the company pays $550-$85=$465 per month.
Since it is asking what the annual value is, meaning how much it pays per year, multiply $
465 by 12 to get $5580 per year.

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