- Joined
- Jun 27, 2021
- Messages
- 5,386
- Reaction score
- 422
A certain health insurance plan costs $3000 per year for a family of six. If each member of the family has $750 in medical expenses in a year, and the plan pays 100% of those expenses, how much will the family save by purchasing the plan?
A. $1500
B. $2000
C. $2500
D. $3000
Let me see.
6 members at $750 pee member.
The plan pays 100% of those expenses.
So, 1.00 x 750 = 750.
Then 6($750) = $4500.
Let s = how much the family will save by purchasing the plan.
s = $4500 - $3000
s = $1500
A. $1500
B. $2000
C. $2500
D. $3000
Let me see.
6 members at $750 pee member.
The plan pays 100% of those expenses.
So, 1.00 x 750 = 750.
Then 6($750) = $4500.
Let s = how much the family will save by purchasing the plan.
s = $4500 - $3000
s = $1500
