Fernando will pay $102.114.
If Fernando's gross income should be deducted $170.19 per month for life insurance, then he should be deducted = [tex]170.19\times12=2042.28[/tex]
As given, that his employer covers 95% of this amount, Fernando only needs to pay 5% for life insurance.
Getting 5% of $2042.28 we have,
[tex]0.05\times2042.28[/tex] = $102.114
Therefore, Fernando will pay $102.114.
