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REVIEW EXERCISES Find the deduction per pay period. 27. Annual cost of insurance: $6,800 Employer pays 75% 24 pay periods 28. Annual cost of insurance: $6,000 Employer pays 60% 52 pay periods​

Sagot :

9514 1404 393

Answer:

  27.  $70.83

  28.  $46.15

Step-by-step explanation:

27. The employee pays 1/24 of the other 25% of the annual cost each pay period. That is ...

  $6800 × 0.25 ÷ 24 ≈ $70.83 . . . deduction per pay period

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28. The employee pays 1/52 of the other 40% of the annual cost each pay period. That is ...

  $6000 × 0.40 ÷ 52 ≈ $45.15 . . .  deduction per pay period