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Tim is a self-employed custom furniture maker. He pays100% of his family HMO annual premium of $12,200. He also has a dental plan that costs
Question
Tim is a self-employed custom furniture maker. He pays100% of his family HMO annual premium of $12,200. He also has a dental plan that costs $500, and an annual vision plan that costs $360. The premiums are paid quarterly. How much does he pay quarterly for insurance?
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Mathematics
4 years
2021-09-05T00:41:52+00:00
2021-09-05T00:41:52+00:00 1 Answers
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Answers ( )
Answer:
He has to pay $3215 quarterly for insurance.
Step-by-step explanation:
Step 1: Add all the expenses together
$12,000 + $500 + $360 = $12,860
Step 2: Find a quarter of $12,860, by dividing by 4