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4 years ago

5

Liam has purchased a fee-for-service health insurance plan from Leroux Health Insurance. Plan A includes a $248.00 monthly premi

um and an annual deductible of $5,500.00 (not including co-pays).

1 answer:

mylen [45]4 years ago

4 0

Can you possibly provide more information??

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Yvonne deposits $5000 in a bank account which pays 4% per annum compound interest. What is the total interest earned in 5 years,

Marianna [84]

Answer:

<h2>$1,083</h2>

Step-by-step explanation:

The compound interest formula is expressed as $A = P(1+r/n)^{nt}$

A is the total amount after n years

P is the amount deposited (principal)

r is the rate (in %)

t is the time (in years)

n is the time of compounding

Given P = $5000, r = 4% = 0.04, t = 5 years, n = 1 year (per annum compound interest)

On substituting into the formula we have;

$A = 5000(1+0.04)^{1(5)} \\A = 5000(1.04)^{5} \\A = 5000*1.2166529\\A = 6,083.26$

Interest earned = Amount - Principal

Interest earned = $6,083.26 - $5,000

Interest earned = $1,083.26 ≈ $1,083

Hence, the total interest earned in 5 years is $1,083 to the nearest dollars.

3 0

4 years ago

Find the number of terms in the arithmetic progression 2,-9,-20,...,-141

Vinil7 [7]

Answer:

14

Step-by-step explanation:

The n th term of an arithmetic sequence is

$a_{n}$ = a₁ + (n - 1)d

where a₁ is the first term and d the common difference

Here a₁ = 2 , d = - 9 - 2 = - 11 and $a_{n}$ = - 141, thus

2 - 11(n - 1) = - 141 ← distribute and simplify left side

2 - 11n + 11 = - 141

13 - 11n = - 141 ( subtract 13 from both sides )

- 11n = - 154 ( divide both sides by - 11 )

n = 14

That is the progression has 14 terms

4 0

3 years ago

Read 2 more answers

What should i do if i like my best friend ? How do u know if they like u back

alexdok [17]

Answer:

uhhhhh you shoul start talking to he or she if they show signs of of being nice then there you go

5 0

3 years ago

Read 2 more answers

Find the measure of 2.<br> 50 2.<br> 1130<br> < 2 =<br> [?]

ICE Princess25 [194]

= 180° - 50°
= 130°

the answer is 130°

4 0

3 years ago

a week before election day, 276 out of 450 people said they would vote for the republican candidate. if 15,240 registered voters

Ann [662]

Answer:

(a) $\frac {276}{450}=\frac {y}{15240}$

(b) We cross multiply the probability by the total voters

(c) 9347

Step-by-step explanation:

(a)

Probability of getting a republican voter is

$\frac {276}{450}=\frac {138}{225}=\frac {46}{75}$

$\frac {276}{450}=\frac {138}{225}=\frac {46}{75}=\frac {y}{15240}$

These are found by dividing the first numerator and denominator by 2, then by 3

To make it complete, the situation is therefore defined as $\frac {276}{450}=\frac {y}{15240}$ where y is unknown value

(b)

Cross multiplication of the probability and number of voters gives the actual figure of y in the equation formed in part a of the question.

(c)

Since we have 15240 voters who plan to participate in election, we cross multiply to get the approximate number of republican voters which yields

$\frac {46}{75}\times 15240=9347.2\approx 9347$

5 0

4 years ago