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10 May, 01:48

Evan Griffin has $15.60 deducted weekly for family medical insurance. His employer pays 85% of the cost. What is the annual premium?

(Add steps, along with answer though).

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  1. 10 May, 03:24
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    We can consider that $15.60 is 15% of the weekly family medical insurance. We need to know how much is the total cost of the family medical insurance:

    15.60 x 100/15 = 104

    We know that, in one year, there are, most of the time, 52 weeks, we can deduce that the annual premium will be of:

    104 x 52 = $5408
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