Respuesta :
Answer: $9120
Explanation:
Here is the completed question:
At Richardson Manufacturing Company, there are two factors that determine the cost of health care. If an employee makes less than $55,000 per year, he pays $40 per month for individual coverage and $85 per month for family coverage. If an employee makes at least $55,000 per year, individual coverage is $70 per month and family coverage is $165 per month. Arielle is an office assistant at Richardson. She makes $47,700 per year. She has individual health care. Her yearly contribution is 5% of the total cost. How much does her employer contribute?
Since it's an individual coverage and $40 is paid per month, the yearly payment will be:
= $40 × 12
= $480
Let the total contribution be represented by y.
5% of y = $480
5% × y = $480
0.05 × y = $480
0.05y = $480
y = $480 / 0.05
y = $9600
Since the total contribution is $9600 and Arielle pays $480. Therefore, the employer will contribute:
= $9600 - $480
= $9120
Arielle's contribution is $9600 and Arielle pays $480. Therefore, the employer's contribution is equal to $9120.
What is meant by employer contribution?
A employer contribution is refers to as the amount contributed by employer to his or her employee pension fund. Generally it is equal to 12% of the basic monthly salary of employee.
Solution:-
An individual coverage and $40 is paid per month, the yearly payment will be:
Yearly payment = $40 × 12
Yearly payment = $480
Let, the total contribution be represented by y.
5% of y = $480
5% × y = $480
0.05 × y = $480
0.05y = $480
y = $480 / 0.05
y = $9600
Since, the total contribution is $9600 and Arielle pays $480. Therefore, the employer will contribute:
= $9600 - $480
= $9120
Learn more about Contribution, refer to the link:
https://brainly.com/question/17596754
