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Mathematics : asked on melissakm77
 18.11.2022

Braden's employers covers 70% of the cost of a $5100-per-year health insurance plan, and braden's share of the cost of the plan is his only optional dedication. how much is deducted from braden's paycheck each month for health insurance ?

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30.05.2023, solved by verified expert
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Bhaskar Singh Bora
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$127.50

Step-by-step explanation:

We have been given that Braden's employers covers 70% of the cost of a $5100-per-year health insurance plan.

First of all, we will find annual amount of health insurance plan paid by Braden  by finding 30% (100-70) of $5100.

Braden s employers covers 70% of the cost of, №16478157, 18.11.2022 14:23

Braden s employers covers 70% of the cost of, №16478157, 18.11.2022 14:23

Braden s employers covers 70% of the cost of, №16478157, 18.11.2022 14:23

Now, we will divide $1530 by 12 to find amount deducted from Braden's paycheck each month.

Braden s employers covers 70% of the cost of, №16478157, 18.11.2022 14:23

Braden s employers covers 70% of the cost of, №16478157, 18.11.2022 14:23

Therefore, an amount of $127.50 is deducted from Braden's paycheck each month for health insurance.

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Mathematics
Braden s employers covers 70% of the cost of a $5100-per-year health insurance plan, and braden s share of the cost of the plan is his only optional dedication. how much is deducted from braden s paycheck each month for health insurance ?
Step-by-step answer
P Answered by PhD

$127.50

Step-by-step explanation:

We have been given that Braden's employers covers 70% of the cost of a $5100-per-year health insurance plan.

First of all, we will find annual amount of health insurance plan paid by Braden  by finding 30% (100-70) of $5100.

\text{Annual amount paid by Braden for health insurance}=\frac{30}{100}\times \$5100

\text{Annual amount paid by Braden for health insurance}=0.30\times \$5100

\text{Annual amount paid by Braden for health insurance}=\$1530

Now, we will divide $1530 by 12 to find amount deducted from Braden's paycheck each month.

\text{Monthly deduction for health insurance}=\frac{\$1530}{12}

\text{Monthly deduction for health insurance}=\$127.50

Therefore, an amount of $127.50 is deducted from Braden's paycheck each month for health insurance.

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