4. Rachel and Dustin Lutts are self-employed photographers. They pay 100% of the PPO insurance premium of $12,640 annually. They also have a dental plan that costs $866 annually and a vision plan that costs $444 annually. The premiums are paid quarterly. How much do they pay each quarter?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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4. Rachel and Dustin Lutts are self-employed
photographers. They pay 100% of the PPO insurance
premium
of $12,640 annually. They also have a dental plan that costs $866 annually
and a vision plan that costs $444
annually. The premiums are paid quarterly. How much do they pay each
quarter?
Transcribed Image Text:4. Rachel and Dustin Lutts are self-employed photographers. They pay 100% of the PPO insurance premium of $12,640 annually. They also have a dental plan that costs $866 annually and a vision plan that costs $444 annually. The premiums are paid quarterly. How much do they pay each quarter?
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