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Financial Literacy and Insurance Calculation: An Applied Learning Assignment

A learning assignment focused on improving financial literacy and understanding insurance calculations.

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Financial Literacy and Insurance Calculation: An Applied LearningAssignmentLeira Otero is employed by Parks, Incorporated. She is on a single plan with a PPO annualpremium of $6,009.00. Leira's employer pays 75 percent of the total cost. Hercontribution is deductedfrom her paycheck. What is Leira's monthly deduction?Question 1 answers$150.63$128.41$125.97$125.19Question 2 textQuestion 2Kathy Parker pays a monthly premium of $225.00 for health insurance. She can purchase dentalcare and vision care insurance for her family at an additional cost. The dental premium is $556.00 andthe vision premium is $324.00 per year. What is her total monthly premium for all insurance?Question 2 answers$295.42$298.33$297.23$296.80Question 3 textQuestion 3Ka-Sean Hall has a single membership in his company's health insurance program. The total costis $4,856.00 annually and his employer pays 80 percent of the total cost. Ka-Sean also pays for theoptional annual dental premium of $625.00 and the optional vision premium of $375.00. Hiscontribution is deducted weekly from his paycheck. How much is his weekly deduction?

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