WALXZ1818 WALXZ1818

10-08-2018
Business

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Valerie's employer covers 80% of the cost of a $4700-per-year health insurance plan, and valerie's share of the cost of the plan is her only optional deduction. how much is deducted from valerie's paycheck each month for health insurance?

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ariston ariston

21-08-2018

Employer covers 80% of the total of $4,700. which is = 0.8*4,700 = 3,760

Valerie's contribution = 4,700 -3,760 = 940 per year

Monthly deduction from Valerie's paycheck = 940/12 = $78.33

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