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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Thiên Thanh 4 years 2021-09-05T00:41:52+00:00 1 Answers 13 views 0

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    2021-09-05T00:43:45+00:00

    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

    \frac{12,680}{4} = $3215

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