00:01
Right here we have that a salaried employee who earns $50 ,000 per year has chosen to sign up for the benefits package.
00:08
So this benefits package includes medical and dental.
00:14
And it says that the medical is $50 per month and that the dental is $20 per month.
00:23
So that means per month that they're paying $50 plus $20 and then per month.
00:31
So if we want to find out how much per year, then we're going to take that and multiply times 12 months.
00:37
Now, when we do that, we'll have 70 times 12, 70 times 12.
00:43
And that's going to be, i'm going to put that in my calculator, 70 times 12.
00:47
That means per year, they're paying $840.
00:54
But biweekly, they're paid byweekly.
00:57
That means every two weeks...