The true statements here are:
A. and B.
Explanation:
In a policy that is for medical or in general converge of insurance it is usual business practice to get the percentage of coverage be the total amount of a medical expense that your insurance will pay before your deductible is met.
This means that the amount that is agreeable to pay by the insurance company is paid first and then the amount you put in is used.
With 80/20 plan of insurance, your insurance is deemed to be paying 80% and you pay 20%.
This plan relies on the fact that there is usually no need for the use of that much money from the side of the firm.
Diminished coordination would seem the answer that won’t fit the category
Answer:
$12,556.37
Explanation:
Calculation to determine What is the future value
Using this formula
Future value = PV(1 + r)^n
Let plug in the formula
Future value = $3,100[1 + (.084/2)]^17(2)
Future value = $12,556.37
Therefore the future value is $12,556.37
Usually it isn't done much, because of the penalty of bad grades, and because frankly, the professors have seen it before, and therefore, only the boldest would consider it.
