1)Kerri Payne is employed by Caterer's Central. She has a family membership in the health insurance program....
Question:
1)Kerri Payne is employed by Caterer's Central. She has a family membership in the health insurance program. The annual premium is $6,486. Kerri's employer pays 80% of the total cost. Her contribution is deducted from her paycheck. What is Kerri's annual contribution?
2) Carla Arslanian is 55 years old. She wants to purchase a $100,000, 5-year term life insurance policy. What is her annual premium? Use the given table.
3) Stanley McBride is employed by the True Blue company. The PPO annual premium is $7,058. His employer pays 70% of the total cost. His contribution is deducted from his paycheck. What is Stanley's monthly deduction?
Employee's Percent =
Employee's Annual Contribution =
Employee's Monthly Deduction =
4) Paulette Wilcox is 30 years old. She wants to purchase a whole life policy valued at $90,000. Use the figure below to calculate her MONTHLY premium