Justin Taylor has group health insurance and pays 85% of the premium spread evenly over 26 pay periods. If the policy costs $13,312 annually, how much is Justin's insurance withholding each pay? Select one: O A. $76.80 O B. $217.60 O C. $1,996.8 O D. $435.20

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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Justin Taylor has group health insurance and pays 85% of the premium spread
evenly over 26 pay periods. If the policy costs $13,312 annually, how much is
Justin's insurance withholding each pay?
Select one:
O A. $76.80
O B. $217.60
O C. $1,996.8
O D. $435.20
Transcribed Image Text:Justin Taylor has group health insurance and pays 85% of the premium spread evenly over 26 pay periods. If the policy costs $13,312 annually, how much is Justin's insurance withholding each pay? Select one: O A. $76.80 O B. $217.60 O C. $1,996.8 O D. $435.20
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