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3 November, 15:37

the cost of 500000 worth of 30 year term life insurance for Edna is $121.04 per month if Edna's employer covers 80% of this cost how much is deducted from Edna's gross income per year for life insurance?

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  1. 3 November, 18:00
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    121.04*.80=96.83

    96.83*12=1161.96

    Ednas employer pays 1161.96

    121.04-96.83=24.21

    24.21*12=290.52

    Edna pays $290.52 of her gross income
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