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Floyds employer purchased a health insurance plan that cost $825 per month. Floyd pays $105 toward the plan each month. What is the annual v
Question
Floyds employer purchased a health insurance plan that cost $825 per month. Floyd pays $105 toward the plan each month. What is the annual value of the employer’s contribution?
A. $1260.00
B. $9900.00
C. $8640.00
D. $7160.00
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2021-08-16T21:03:48+00:00
2021-08-16T21:03:48+00:00 1 Answers
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The answer is C, because the employer pays $720 a month towards the plan, so $8640 annually.