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Mathematics 20 Online
OpenStudy (tylermckinney16):

Liz’s employer pays for 45% of her annual health insurance premium of $6,325.00. Liz pays the remaining balance by having it deducted in equal amounts from her 26 paychecks throughout the calendar year. How much will Liz have deducted from each paycheck?

OpenStudy (welshfella):

First calculate how much Liz pays per year this will be 55% of $6,325

OpenStudy (welshfella):

= 0.55 * 6325 = ?

OpenStudy (tylermckinney16):

$3478.75

OpenStudy (welshfella):

correctr now this is paid off by 26 deductions so in each pay check amount will be 3478.75 / 26

OpenStudy (tylermckinney16):

133.7

OpenStudy (welshfella):

well 133.8 is the closest

OpenStudy (tylermckinney16):

So thats the answer?

OpenStudy (welshfella):

yes

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