Valerie's employer covers 80% of the cost of a $4700per year health insurance plan , and valerie's share of the cost of the plan is her only optional deduction . how much is deducted from valerie's paycheck each month for health insurance?

Valerie gets deducted $78.33 every paycheck

Step-by-step explanation:

Great question, it is always good to ask away and get rid of any doubts that you may be having.

Since Valerie's employer covers 80% then this means that Valerie covers (100-80 = 20%) 20% of the health insurance plan per year. Now we have to convert the percent into decimal format. This is done by moving the decimal 2 digits to the left like so,

20.0%   ⇒   0.20

Now that we have the percent in decimal format we can multiply it by the cost of the health insurance plan to calculate the amount that Valerie pays.

Aparently, Valerie pays $940 per month but we need to find out how much is deducted from her monthly paycheck. We calculate this by dividing by the amount of months in a year.

Finally, we see that Valerie gets deducted $78.33 every paycheck

I hope this answered your question. If you have any more questions feel free to ask away at .

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