Math please help looked all over the book but still don't know how to do it?Math please help looked all over the book but still don't know how to do it?
1. Kathy Parker pays a monthly premium of $ 225.00 for health insurance. she can purchase dental care and vision care insurance for her family at an additional cost. the dental premium is $ 556.00 and the vision premium is $ 324.00 per year. what is her total monthly premium for all insurance?
2. James hall has a single membership in his company's health insurance program. the total cost is $ 4,856.00 annually and his employer pays 80 percent of the total cost. James also pays for the optional annual dental premium of $ 625.00 and the optional vision premium of $ 375.00. his contribution is deducted weekly from his paycheck. how much is his weekly deduction?
3. Fidel chris has a health insurance plan with a $ 150.00 deductible. the plan covers 80 percent of his hospital charges. Fidel's recent health care costs include $ 300.00 in co-payments and a hospital bill of $ 2,300.00. what amount did he pay?
Posted by been there done that
1. Dental is $ 556/yr and vision is $ 324/yr. 556 + 324 = 880
Divide by 12 to get month amount = 880/12 = 73.33
Add to health insurance of $ 225 = 225 + 73.33 = 298.33/month
2. $ 4856 x 20% (James' portion) = 971.20
Add all yearly premiums together = 971.20+ 625 + 375 = $ 1971.20
Divide by 52 (number of weeks in a year) = 1971.20/52 = $ 37.91 is the weekly deduction
3. Hospital bill is $ 2300 and Fidel has to pay 20% = $ 460 + $ 300 copay = $ 760
Posted by Keith
The object here is to get all values into the same 'units' ... be that per year, per month, or some other measure.
1.
Since the 556 and 324 amounts are 'per year', you need to convert to a monthly amount,
then add that to the 225
225 + (556 + 324) / 12 = $ 298.33 per month
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2.
These costs are all 'per year' amounts ... just add them up,
then convert to weekly amounts.
0.2 * 4856 + 625 + 375 = 1971.20 per year
1971.20 / 52 = $ 37.91 per week
Orignal From: Math please help looked all over the book but still don't know how to do it?
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