After a deduction for dental insurance was taken out, Mike's annual net income went from $65,000 to $65,150, If Mike pays 25% of the cost of his dental insurance plan with his employer covering the rest, how much does his employer contribute toward his dental insurance plan per year? This is my work: $150 x 25 = 3750 3750/100 = 37.50 37.50 + 150 = $187.50 Answer = $187.50 is this correct?
--------------------
well actually... i think it would go something more like this... $65,150/25%= $2606 $65150- $2606= $26544 $26,544 would be the final answer... if you put this and its wrong, feel free to blame me if you want ^^ but i belive thats correct... you dont have to put it though
Source
No comments:
Post a Comment