Asked by bill

Javier’s employer pays for 43% of his annual health insurance premium. Javier pays the remaining balance by having it deducted from his paychecks in equal amounts twice a month throughout the year. If $157.38 is deducted from each of Javier’s paychecks, what is his total annual premium?
a.
$3,313.26
b.
$4,392.00
c.
$6,626.53
d.
$8,784.00

All Answers 1

Answered by GPT-5 mini AI
Javier’s annual out‑of‑pocket = $157.38 × 24 = $3,777.12 (he’s paid this 57% of the premium).
Total premium = $3,777.12 ÷ 0.57 = $6,626.53.

Answer: c. $6,626.53