What type of business contracts with physicians to handle their claims and/or account receivable

List one thing you SHOULD do if your car loan suddenly becomes too expensive.

Sphinxa [80]

Answer:

Modify Your Auto Loan.

Refinance Your Vehicle Loan.

Trade-in Your Car.

Let Someone Else Assume Your Loan.

Sell Your Vehicle.

Turn the Keys In.

Let Your Car Be Repossessed.

File for Bankruptcy.

5 0

2 years ago

Free ponts <br> im only doing this bc i hate my life<br> and put se.xy anime grils on ur answer

Alex787 [66]

Answer:

I need these points really bad thx so much!!!!

6 0

3 years ago

You are a financial advisor helping a young family create a college fund to provide for their daughter Mary’s education. Mary ju

stiv31 [10]

Answer:

a. Tuition and housing costs today = $65,000 per year

Inflation rate = 4%

Tuition and housing costs in 13 years = 65,000 * (1 + 0.04)^13

Tuition and housing costs in 13 years = $108,229.78

b. Amount to be in the savings account can be calculated using the present value of a growing annuity due formula

After tax rate of return = 10 * (1 - 0.3) = 7%, Growth rate = 4%, Number of year = 4

PV = P x (1 + r) * [1 - (1 + g)^n * (1 + r)^-n] / (r - g)

PV = 108,229.78 * (1 + 0.07) * [1 - (1 + 0.04)^4 * (1 + 0.07)^-4] / (0.07 - 0.04)

PV = $415,050.16

c. Amount of the first payment can be calculated using FV of a growing annuity

FV = $415,050.16, Number of years = 13, Growth rate = 2%, Rate of return = 10%

FV = P * [(1 + r)^n - (1 + g)^n] / (r - g)

415,050.16 = P * [(1 + 0.07)^13 - (1 + 0.02)^13] / (0.07 - 0.02)

P = $18,591.47

d. If the investments are tax free, the rate of return = 10%

Amount to be in the savings account = PV = P * (1 + r) * [1 - (1 + g)^n * (1 + r)^-n] / (r - g)

= 108,229.78 * (1 + 0.1) * [1 - (1 + 0.04)^4 * (1 + 0.1)^-4] / (0.1 - 0.04)

= $398,768.92

FV = P * [(1 + r)^n - (1 + g)^n] / (r - g)

398,768.92 = P * [(1 + 0.1)^13 - (1 + 0.02)^13] / (0.1 - 0.02)

P = $14,778.36

7 0

3 years ago

determine the net income of a company for which the following information is available for the month of july. employee salaries

djyliett [7]

The net income of the company is $193,000

What is the net of the company?

The net income of the company is the total consulting revenue minus the salaries expense, interest expense, and rent expense, in other words, revenue minus total costs of running the company

net income=consulting revenue-rent expense-interest expense-salaries expense

consulting revenue=412,000

rent expense=23,000

interest expense=13,000

salaries expense=183,000

net income=412,000-23,000-13,000-183,000

net income=$193,000

Find out more about income statements on:brainly.com/question/24498019

#SPJ1

5 0

2 years ago

Which do you prefer of the options below? Is there an interest rate at which you switch your preference? If so, what is the rate

elena-s [515]

Answer:

As the first payment occurs on option 7 n interest rate higher enough can make the 50 dollars received first make the difference.

The switch produced at a rate of :

300%

Interest rate below this mark favor option 6

while higher than this favor option 7

Explanation:

Option 6

perpetuity of 100 discounted 1.5 year

$\frac{100}{r} (1+r)^{-1.5}$

perpetuity of 50 every 3 years discounted 3 years

as the payment are every three years we calcualte an equivalent rate:

$(1+r)^{3} -1 =r_e$

$\frac{50}{(1+r)^{3} -1} (1+r)^{-1.5}$

Option 7

perpetuity of 50 discounted 1 year

$\frac{50}{r} (1+r)^{-1}$

perpetuity of 100 every 2 years discounted 2.5 years

equivalent biannual rate

$(1+r)^{2} -1 =r_e$

$\frac{100}{(1+r)^{2} -1} (1+r)^{-2.5}$

having the formulas

we can do it on excel solver to look at which rate the switch produces

5 0

3 years ago