Addison earns a fixed hourly rate working as a sales clerk. if she works on a holiday, she earns a different hourly rate than she earns on a regular day. in one week, she earns $188.50 by working 5 hours on a holiday and 16 hours during regular days. a different week, she earns $254.00 by working 8 hours on a holiday and 20 hours during regular days.

how much more is addison’s holiday hourly rate than her regular hourly rate?

all group life insurance is term insurance. actually it is annual renewable term and it is rated on the average age and claims experience of the entire group, which is called "experience rating." remember, this type of insurance has a 31-day grace period and is convertible to whole life upon leaving employment. a contributory group plan requires that both the employer and the employees pay part of the premium. at least 75% of those eligible must participate, so the group is sure to get most of the healthy employees as well as those that are sick.

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