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?
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I assume you mean went from 65150 to 65000. This leaves 150 as his part. 150 * 4 =600 total cost 600-150 that he pays=450 that the employer pays
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