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Please give answer for each question. 1. Buzz Lightyear has selected the following options as part of his benefit package: Monthly Premium $14.53 $23.40 $6.25
Please give answer for each question.
1. Buzz Lightyear has selected the following options as part of his benefit package: Monthly Premium $14.53 $23.40 $6.25 Option Long-Term Disability Short-Term Disability Additional Life Insurance The school district will pay $30.00 per month towards the cost of these benefits. The coverage for the above benefits will begin September 1, 2011, and will continue until August 31, 2012. Payroll deductions will be set up to allow employees to reimburse the district for their cost over 21 pays. What amount needs to be deducted from Buzz Lightyear's paycheck each pay to cover his portion of the annual premium? Paycheck Deduction Amount Per Pay On January 1, 2012, Buzz Lightyear moves to a higher bracket on the premium scale for short-term disability. The monthly cost is now $25.60. There are 14 pays remaining. What is the amount that needs to be deducted from Mr. Lightyear's paycheck for the remaining pays to cover his portion of the annual premium? Paycheck Deduction Amount Per Pay Bob Seger wants to contribute $8,000 a year to his tax shelter annuity. The district allows payroll deductions for tax shelter annuities to be spread over 18 pays. How much will have to be deducted each pay so that he contributes the $8,000? 2. Amount To Deduct Each Pay Step by Step Solution
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