Martha has a $200 deductible and 20% co-payment on her health insurance. Last year she had $6,500 in medical bills. What was Martha’s out-of-pocket expense? JH
2. Mitch has an $800 deductible and no co-payment on his health insurance. If he had a total of $4,092 in doctor’s bills, what is the amount of his benefit? JAY
3.If you have medical expenses of $7,320 in 1 year, which costs less, a $600 deductible and 10% co-payment, or an $800 deductible and 5% co-payment? MICHAEL
4. Paula’s health insurance has a $300 deductible and 20% co-payment. Last year she had medical bills totaling $12,420.What was her out of-pocket expense? JH
5. Charley is 3 years, 9 months old. His life expectancy is 71.5 years. How many more years is he expected to live? JAY
6. Shawn paid $52,500 in Social Security taxes over a 30-year period. His monthly retirement benefit is about 1.5 % of the total contribution. About how much is his monthly Social Security benefit? MICHAEL
7. Lisa retired at age 68. The total contribution to her Social Security is $118,200. Her monthly Social Security benefit is $1,773. If she lives to be 79, how much more will she receive in Social Security benefit
Which is more, 9% of $2,000 of 12% $850? How much more?
Jason earns a 4% commission on sales of $6,000. Pete earns a 2% commision on sales of $11,000. Who earns more in commission? How much more?
The Vegetable Grocer schedules 1 cashier for every 80 customers. Shift 1 has an average of 278 customers. The Vegatable Grocer schedules_____________ cashiers for Shift 1.
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