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3 years ago

What is the purpose of long-term disability insurance?

1 answer:

5 0

The main purpose of of long-term disability insurance is: A. To replace a portion of a person's income if that person cannot work.

<h3>What is long-term disability insurance?</h3>

Long-term disability insurance can be defined as the type of insurance coverage that help to guide a person income if the person is unable to work as a result of illness or injury.

Long-term disability insurance is important when it comes to unforeseen circumstance.

Inconclusion to replace a portion of a person's income if that person cannot work.

Learn more about Long-term disability insurance here:brainly.com/question/25938882

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Answer:

Assets = Liabilities + Equity

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cash (88,000) NA Retained earnigns (88,000)

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3 years ago

Select examples of public goods provided to everyone by the government

bogdanovich [222]

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3 years ago

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Sid has decided to leave his $70,000-a-year landscape design job and open a new kayak business. his insurance cost is expected t

Karo-lina-s [1.5K]

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where Total Revenue = $100,000

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Implicit Cost = $70000 + $10000 = $80000

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Economic Profit = $15,500

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3 years ago

Max Staxx borrowed $2,000 on a 10%, 120 day note. After 45 days, Max paid $700 on the note. Thirty days later, Max paid an addit

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$670 is the final balance due that max wants to pay.

<u>Explanation</u>:

Max borrowed a $2000 amount on a 120-day note. First, he paid $700 in the 120-day note. So the current amount he paid is $700.
After thirty days max paid the amount of $630. So totally he paid $1330 in a note of 75 days. So 45 days are remaining.
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4 years ago

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Lapatulllka [165]

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