Your insurance premium is $3400 annually. your employer pays 80% of the premium. how much will you pay annually?

First, find the amount your employer will pay.

We need to 80% of 3400. First, convert the decimal into a percent. To do this, move the % sign two places the left and make it into a decimal point.

80% = 0.8

Now multiply 3400 and 0.8 together.

0.8 * 3400 = 2720

Now how much will you pay? Well, to find the answer, simply subtract 2720 from 3400.

3400 - 2720 = 680

So, you will pay $680.