Question 15 • 26-27 Ignite Financial Literacy Personal Finance - EL3403
Sally pays the remaining 100% − 38% = 62% of the $4,350 premium. That is $4,350 × 0.62 = $2,697 for the year. Divide by 26 paychecks: $2,697 ÷ 26 ≈ $103.73 per paycheck, so the correct choice is $103.73.
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