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hillary pays 9.25 of her monthly life insurance premium and her emplouer covers the rest. if her monthly premium is 36.50 what is the annual value to Hillary of this benefit

Respuesta :

Hillary's employer will contribute the difference in her premium every month, which is

[tex]36.50 - 9.25 = 27.25[/tex]

she gets this value 12 times a year, so to find the annual benefit we multiply by 12

[tex]27.25 \times 12 = 327[/tex]

so her employer pays out $327

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