Asked by Makayla

Hillary pays $9.25 of her monthly life insurance, and her employer covers the rest. if her monthly premium is #$36.50, what is the annual value to Hillary of this benefit?
Answered by oobleck
12 times the company's monthly contribution, right?
12(36.50 - 9.25) = 327.00
Answered by Makayla
I got 438.00
Answered by oobleck
The value of the benefit is what the company chips in, right? She has to pay some of it herself, so that part is not a benefit, but an expense.
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