Twice monthly 27.50 is deducted from Peters paycheck for dental insurance how much per year insurance?

The amount of money Peter pays per year for dental insurance can be calculated by multiplying the biweekly deduction by the number of pay periods in a year.

There are 26 biweekly pay periods in a year (52 weeks divided by 2). Therefore, Peter pays:

27.50 * 26 = $715 per year for dental insurance.

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