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Finance 40 Online
Pixel:

Nuno has $10.50 deducted from his weekly paycheck for health care. If his employer pays 70% of the premium, how much is his annual premium?

Pixel:

@TheSmartOne

Pixel:

10.50 x 52 = 546 so he pays 546 annually himself

Pixel:

and i'm stuck here

TheSmartOne:

So his employer pays 70% and which means he pays the remaining 30% And you calculated that of the total premium 'x', he pays $546 which is 30% of the total Does that make sense? So all you do is set up a proportion 546/x = 30/100

Pixel:

1,820?

TheSmartOne:

Bingo

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