Answer:
Disability benefit = $5,040
Explanation:
Given:
Pay off per week = $600
Insurance coverage = 70 percent = 0.70
Waiting period = 4 week
Computation of disability benefits:
Disability benefit = Per Week benefit × Total Number of Covered weeks
= (Insurance coverage × Pay off per week) × (off work - Waiting period)
= (0.70 × $600) × (16 - 4)
= $420 × 12
= $5,040
Answer:
the discount rate should be 10%
Explanation:
The computation of the discount rate should be given below:
The Amount of discount is is
= $50,000 - $48,750
= $ 1,250
The $1,250 should be for 90 days.
So for 360 days, it should be
= $1,250 × 4
= $5,000.
And, the discount rate is
= $5,000 ÷ 50,000 × 100
= 10%
Hence, the discount rate should be 10%
1.) Out of the choices given here, a computer game that can be purchased online and played right away has good time utility. The other choices didn't seem to be a good fit for this particular question. The correct answer is D.
2.) Hours of labor or the number of workers are common ways of measuring a company's division of labor. The correct answer is A, division of labor.
<span>Jorge has a debt ratio 37% which means he has more money to spend for the month, Jose has debt ratio of 102% which means he has relatively less money to spend in the current month and their take home pay is same. So their current financial situation is Jorge is currently solvent where as Jose is currently insolvent. So these are the conclusion drawn from their debt ratios.</span>
Answer:
<u>Prize is $22,071.39 worth today</u>
Explanation:
Present value of Annuity = A*[(1-(1+r)^-n)/r]
A - Annuity payment = 500
r - rate per period = 6/12 = .5%
n - no. of periods = 50
Present value of Annuity = 500*[(1-(1.005)^-50)/.005]
= 500*[(1-0.77928606825)/.005]
= 500*44.14278635
= $22,071.39
