7
QuizMultiple Choice

Topic Test

Question 7 • Financial Math A

Bob’s employer covers 23% of his family’s annual health insurance premium. The balance of the premium is deducted in equal amounts from Bob’s paycheck 26 times over the calendar year. If $185.30 is withheld from each of Bob’s paychecks, what is his family’s annual health insurance premium?a.$805.65b.$4,817.80c.$6,256.88d.$20,946.96

Answer
A
A
B
B
C
C
D
D
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