The cost of $500,000 worth of 30-year-term life insurance for edna is $121.04 per month. if edna’s employer covers 80% of this cost, how much is deducted from edna’s gross income per year for life insurance

If Edna's gross income should be deducted $121.04 per month for life insurance, then she should be deducted  in a year.

Since her boss covers 80%, she will only need to be deducted 20% for life insurance. Getting 20% of 1,452.48, we'll get:



ANSWER: $290.50 is deducted from Edna's gross income per year for life insurance.

The answer is why would a teacher ask that

What’s the equation you are trying to solve to get x?