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viktelen [127]
3 years ago
9

Thomas is a copy machine technician for State Office Systems. He was involved in a serious car accident while making a service c

all for his employer, and he cannot return to work for 8 weeks. Which of the following would most likely provide Thomas with income while he is incapacitated?
A) life insuranceB) worker's compensationC) direct financial compensationD) unemployment insurance
Business
1 answer:
qaws [65]3 years ago
8 0

Answer:

The correct answer is the option B: worker's compensation.

Explanation:

To begin with, the term of <em>"Worker's Compensation"</em> refers to a type on insurance that is primarily given to the workers of a company in order for them to not sue in the case that they ended up being injured during the time they are at work. Therefore that this insurance focus on providing wage replacement and medical benefits to those employees.

So once said that, in the case of Thomas, due to the fact that he was injured during his work time and doing a service call for his employer the worker's compensation would most likely provide him with income while he is incapacitated.

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find the accumulated amount at the end of 9 months on an $800 deposit in a bank paying simple interest at a rate of 6% per year.
Valentin [98]

As per the given figure, after calculating the accumulated amount, the figure that has been arrived is $1,232.

<h3>What is the accumulated amount?</h3>

Accumulated value or accumulated amount, both are synonyms. It is used to refer to the cash value. Basically, this means there is an easy way of calculating the accumulated value.

All one has to do is to find the total or the sum of the initial investment and, in that addition, the interest which has been earned till date will be added. Formula for calculating the simple interest is

Accumulated amount =Principal amount (1+rate * time)

Here Principal amount = $800,    rate= 0.06,   time=9 months

Accumulated amount = 800 (1+(0.06*9) = 800 (1+ 0.54 ) =  $1,232.

Thus, the accumulated amount for the given data is $1,232.

Learn more about accumulated amount from here:

brainly.com/question/12903532

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7 0
2 years ago
A family is the basic unit of a consumer sector.<br><br> Question 6 options:<br> True<br> False
aleksklad [387]

Answer:

True

Explanation:

A household is composed for the persons that live inside a house, apartment, or room. it is the basic unit of a consumer or private sector

3 0
3 years ago
Read 2 more answers
On the day you entered college, you borrowed $30,000 from your local bank. The terms of the loan include an interest rate of 4.7
Hitman42 [59]

Answer:

The total interest paid on this student loan will be equal to:

$

Explanation:

a) Data and Calculations:

Amount of loan = $30,000

Interest rate = 4.75%

Duration of loan = 5 years

Total interest = $30,000 * 4.75% * 5 = $7,125

b) Since interest is paid annually at the end of each year, this means that $1,425 will be paid each year for 5 years.  This gives a total of $7,125 ($1,425 * 5).  As a result, we can infer that this is a simple interest payment method, because the interests are not added to the principal.  That is, the interest is not compounded.  So, the calculation is based on the simple interest formula of principal by interest rate by number of periods.

5 0
3 years ago
The diffusion of innovation refers to the rate at which consumers ______ a given product or service.
Yuri [45]

Answer:

adopt

Explanation:

4 0
3 years ago
If the spending multiplier equals 5 and equilibrium income is $2 billion below potential GDP, then _____ to reach the potential
rosijanka [135]

Answer:

total spending needs to increase by $0.4 billion

Explanation:

Calculation to determine how much total spending needs to increase or decrease

Using this formula

Increase or Decrease in total spending=Equilibrium income/Spending multiplier

Let plug in the formula

Increase or Decrease in total spending=$2 billion/5

Increase or Decrease in total spending=$0.4 billion

Therefore If the spending multiplier equals 5 and equilibrium income is $2 billion below potential GDP, then TOTAL SPENDING NEEDS TO INCREASE BY $0.4 BILLION to reach the potential real GDP level.

3 0
3 years ago
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