Ask Question
Today, 19:18

Javier's employer pays for 43% of his annual health insurance premium. Javier pays the remaining balance by having it deducted from his paychecks in equal amounts twice a month throughout the year. If $157.38 is deducted from each of Javier's paychecks, what is his total annual premium?

+3
Answers (1)
  1. Today, 21:47
    0
    His total annual premium is $6,626.53. Simple mathematics can be used to find the solution for the question. Javier received the deducted by $157.38 paycheck, twice a month throughout the year, so he received 24 deducted paychecks in a year. The sum of all the deducted $157.38 amount throughout the year will be the 57% of Javier's total annual health insurance premium, which is $3,777.12 (24 x $157.38). Therefore, dividing $3,777.12 amount with 57% will resulting in the total value of Javier's annual health insurance premium, which is $6,626.53.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Javier's employer pays for 43% of his annual health insurance premium. Javier pays the remaining balance by having it deducted from his ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers