Ayn went to the hospital for a broken leg. upon admission, she paid a co-payment of $150 to the hospital. later she received a hospital bill for $714, the amount her insurance didn't cover. ayn's insurance policy covers 80% of her total hospital expenses minus the co-pay.
1. write an equation that represents the amount of money ayn pays the hospital if 'x' is the total amount charged by the hospital. what was the total amount charged by the hospital ?
2. write an equation that represents the amount of money ayn's insurance paid the hospital. use the total charges from part 1. to find the amount the insurance paid. does this make sense? explain.
3. ayn's policy is called an 80/20 policy because the insurance pays 80% and she pays 20%. choose a policy with percentages that would be more favorable to ayn, and use it to calculate how much she would have to pay for this visit under your plan, including the $150 co-payment.
4. if the company made a total of $301.50, how many children attended? explain how you found your answer.