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Hatshy [7]
2 years ago
9

Carol Byrd gets a student rate of $30.00 a month. There is a $250 deductible; but no coinsurance payment. She recently received

treatment for a covered condition. The bill was $2,300.00. Carol's insurance company provided payment of 80% of the bill less the deductible. What was the company's payment? What was Carol's total cost (ignoring the monthly premium)?
Business
1 answer:
Elden [556K]2 years ago
6 0

Answer: Company Pays $1640

Carol Bryd pays $410

Explanation:

The total bill is $2300 and the deductible needs to be taken out.

$2300-$250

=$2050

Company Payment.

Company Pays 80% which translates to 0.8

0.8*2050

= $1640 is the company Payment.

Carol then pays the difference which is

$2050 - $1640

= $410

Carol pays $410

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Answer:

$202,701,713.58

Explanation:

Present value of this liability = Value of liability / ((1+r)^t)

Present value of this liability = $750 million / ((1+0.08)^17)

Present value of this liability = $750 million / (1.08)^17

Present value of this liability = $750 million / 3.7000180548

Present value of this liability = $202,701,713.5840815

Present value of this liability = $202,701,713.58

6 0
3 years ago
A customer sells short 100 shares of ABC stock at $74 per share. The stock falls to $66, at which point the customer writes 1 AB
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Answer: $62

Explanation:

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4 0
3 years ago
Market size and growth of the total U.S. beer market was estimated to be around $106 billion. The total economic impact of the b
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Answer:false

Explanation:

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So if beer market is estimated to be $106 billion, the percentage is ($106/$21427.1)*100

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=0.4947%

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6 0
3 years ago
Zoe would like to be able to save for night courses at the local college. Which of these would be a good way for Zoe to make mor
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Answer:

Spend 10% on clothing and 10% on entertainment.

Explanation:

There are some expenses that you can lower that will not radically affect your lifestyle while other expenses should be more important.

For example, you shouldn't try to save money by eating less or going to live in an ugly place where you pay a very small rent.

If you want to save money, then you should cut some costs from non essential expenses like entertainment and new clothes.

3 0
3 years ago
Major Construction & Manufacturing Corporation makes a side payment to a government official in India. Under the Foreign Cor
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Answer:

A) ​Under no circumstances

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