Answer:
The correct option is (c).
With the higher deductible, she would have spent at least $300 more than she paid with her actual policy
Explanation:
For her actual policy total expenses;
Deductible =$500
Copayment doctor visit= $20
Coinsurance of 10%= 10/100 ×500=$50
Doctor visit= $40 × 4= $160
Surgery= $3000
Total expenses= $3730
With the higher deductible expenses;
Deductible= $1000
Copayment doctor visit= $10
Doctor visit= $40×4= $160
Surgery= $3000
Total expenses= $4170
Difference in expenses= $4170-$3730= $440
Therefore option (c) is the right option.
With the higher deductible, she would have spent at least $300 more than she paid with her actual policy
Answer:
The correct option is (D)
Explanation:
Cash flow statement comprises cash outflow or inflow from operating activities, investing activities and financing activities. increase in cash represents that inflow from these activities were more than outflows.
Beginning cash balance plus increase in cash gives closing cash balance. With closing balance and increase in cash, beginning balance can be computed. But, cash flow from investing activities cannot be computed as cash flow from financing activities is not given. There are two unknown variables.
Cash flow from operating activities and increase in cash will not help in computing cash flow from investing activities
Therefore, information provided is not sufficient to compute cash flow from investing activities.
Answer:
$960,000
Explanation:
$1,000 (Monthly income x 30%)
$1,000 (3200 x 30%)
= $960,000
Answer:
Federal Reserve.
Explanation:
Federal Reserve is a large central bank in Washington, D.C. that was founded in 1913. It lends money to other, smaller banks.
