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Melvin Myers, a traveling salesman, has company medical insurance as well as travel insurance. The...

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Accounting

Melvin Myers, a traveling salesman, has company medical insurance as well as travel insurance. The company he works for pays 80 percent of the medical insurance and 75 percent of the travel insurance. If the medical insurance has an annual cost of $3,500 and the travel insurance costs $1,200 per year, what total amount is deducted from his weekly paycheck for insurance?

a $9.04 b $36.15 c $19.23 d $29.23

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