Question

Mr. Henderson’s annual premium of $4,668 is covered entirely by his employer along with 25% of the $9,264 premium for his wife and kids. How much of the Henderson family’s annual premium is being paid for by Mr. Henderson’s employer?
a.
$2,316
b.
$3,483
c.
$6,984
d.
$10,431

Answer 1

Employer pays all of Mr. Henderson’s $4,668 plus 25% of $9,264: 0.25×9,264 = $2,316. Total = $4,668 + $2,316 = $6,984. Answer: c.