Answer:
$44,000
Explanation:
Calculation to determine how much of the $50,000 bill will the insurer pay
Total bill for medical services $50,000
Less medical expense policy calendar-year deductible ($1,000)
Less annual out-of-pocket limit $5,000
Bill payment $44,000
($50,000-$1,000-$5,000)
Therefore how much of the $50,000 bill will the insurer pay is $44,000
Answer:
Yr. amount Interest payment balance
1. 319,500 22365. (77923). 263,942
2. 263,942.18,476. (77,923). 204,495
3. 204,495 14315. (77923). 140,887
4. 140,887. 9862 (77923). 72,826
5. 72826. 5098. (77,923). 1
Explanation:
The interest charge is on the total amount due at the end of the year which is assumed to have been made available to the debtor, the annual payment is deducted from the addition of interest and principal due and the balance due is brought forward to be defray in subsequent years. The balance is expected to show zero but the balance of one shown is a roundup error.
Answer:C. When the item demand is constant
Explanation:
MRP means material requirement planning it shows when materials needs to be replenish for inventory production, so that inventory is only produced as at when needed.
A constant demand will help to determine perfectly when material is needed.
Its B, Professional and business services. I just took the test.
Answer:
1. $636
2. $674.16
3. $566.04
4. $534
Explanation:
PV = FV ÷ (1 + r/n)^(t × n)........(1)
PV = present value
FV = Future value
r = rate per period
t = number of years
n = number of compounded period per year
FV = P(1 + r/n)^(t×n)...............(2)
FV = Future value
P = principal
r = rate per period
n = number compounded period per year
t = number of year
NO 1.
P= $600
t = 1
n = 1
r = 6% = 0.06
Using equation 2
FV = 600(1 + 0.06/1)^(1 × 1) = $636
NO 2
P = $600
n = 1
t = 2
r = 0.06
Using equation 2
FV = 600(1 + 0.06/1)^(2 × 1) = $674.16
NO 3.
FV = $600
r = 0.06
t = 1
n = 1
Using equation 1
PV = 600 ÷ (1 + 0.06/1)^(1 × 1) = $566.04
NO 4.
FV = $600
r = 0.06
n = 1
t = 2
Using equation 1
PV = 600 ÷ (1 + 0.06/1)^(2 × 1) = $534