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16 December, 10:49

Rina's employer purchased a health insurance plan that costs $550 per month. Trina pays $85 toward the plan each month. What is the annual value of the employer's contribution?

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  1. 16 December, 13:38
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    It costs $550 per month but Trina pays $85. That means that the company pays $550-$85=$465 per month.

    Since it is asking what the annual value is, meaning how much it pays per year, multiply $465 by 12 to get $5580 per year.
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