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Pete's group insurance policy specifies that he pays 30% of expenses associated with orthodontic treatment for his children. If Pete incurs expenses of $5000, how much would he owe?

Pete would owe $____.

Answer :

Final answer:

Pete would owe $1500 for his children's orthodontic treatment, this is calculated by finding 30% of the total $5000 expenses.

Explanation:

Pete's group insurance policy specified that he is responsible for paying 30% of expenses associated with orthodontic treatment for his children. To calculate how much he would owe, one needs to apply the percentage to the total cost of the orthodontic expenses. If Pete incurs expenses of $5000,able to calculate the amount Pete will owe using basic percentage operation. 30% of $5000 can be calculated as follows:

    1. First, convert 30% into a decimal. This is done by dividing 30 by 100, which equals 0.30.
    2. Next, multiply the decimal value by the total cost. In this case, that would be 0.30 * $5000.


The result of this calculation is $1500. Therefore, Pete would owe $1500 towards his children's orthodontic treatment, while his insurance will cover the remaining 70% or $3500.

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