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saul85 [17]
3 years ago
6

Disability income policies usually have a(n) _____, which is a time delay from the date of the issuance of the policy until bene

fit privileges are activated.
Business
1 answer:
meriva3 years ago
5 0
The answer to this question is the "Probationary Period". Hence when the disability income usually has a "probationary period" which is a time delay or the waiting time from the date of the issuance of the policy until the benefit privileges are being activated by the member and the office. This probationary period is somehow the observation period such the performance of the member is being monitored.
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mestny [16]

Answer:

2.359 USD

Explanation:

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a. Solow

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7 0
2 years ago
If Carissa Dalton has a $136,000 home insured for $105,000, based on the 80 percent coinsurance provision, how much would the in
Andrei [34K]

Answer:

$ 8299.632

Explanation:

Given data in the problem:

The value of the home = $ 136,000

The insured amount of the house = $ 105,000

80% coinsurance provision = 0.8 × $ 136,000  = $ 108,800

Claimed amount = $ 8,600

Therefore, the claimable amount =  8600\times(\frac{105000}{108800})

= $8299.632

hence, the amount the insurance company will pay = $ 8299.632

5 0
2 years ago
Your buddy in mechanical engineering has invented a money machine. The main drawback of the machine is that it is slow. It takes
sergey [27]

Answer: He should decline production of the machine.

Explanation:

Analyzing the problem, we can determine if he should proceed or not by calculating the Net present value. That is present value of the machine in terms of perpetuity as it will be used forever and the cost incurred in its production.

Given the following ;

To manufacture $200 = 1 year, meaning

Amount or yearly payment = $200

Cost of machine = $2,000

Interest rate(r) = 11.5% = 0.115

Recall;

Present the value if perpetuity ;

(Payment per period ÷ rate)

= $200 ÷ 0.115 = $1739.13

Net present value = $1,739.13 - $2000 = - 260.87

Given the negative value of NPV, the cost outweighs the benefit, hence, he should decline.

5 0
3 years ago
A stock index spot price is $1,287. the zero coupon interest rate is 3.8%. what is the potential arbitrage profit if the 6-month
jek_recluse [69]

The potential profit if the future contract on the index for the stock is priced at $1350 will be $39.45.

<h3>What is potential profit?</h3>

The ability or the capacity of an individual or a group to potentially earn higher amount of monies in the future trading transactions during a given financial period, is known as potential profit.

The computation of potential profit will be such that the return at the rate of 3.8% would have a given a maximum return of $48.9 annually($24.45 in 6 months); however, the index after 6 months is priced at $1350.

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Hence, the potential profit is as computed above.

Learn more about potential profit here:

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6 0
2 years ago
What is considered sin tax?
gayaneshka [121]

Definition:

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Why it is mainly imposed:

It is imposed to increase the prices of the above given harmful products which consequently, might can be helpful in decreasing their consumption.

7 0
3 years ago
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