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
<em>The answer you are looking for is: </em>
<u><em>True</em></u>
<em>hope that helps!!</em>
<em> have a wonderful day!!</em>
Answer:
$240.76
Explanation:
The formula to determine the annual deposit is :
p = FV / annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
FV = Future value
P = Present value
R = interest rate
N = number of years
Annuity factor = (1.07^11 - 1) / 0.07 = 15.783599
p = $3800 / 15.783599 = $240.76
Answer:
The firm set as the required rate of return for the project is 14.732%
Explanation:
For computing the required rate of return, the following formula should be used which is shown below:
= Risk free rate of return + (Beta × market risk premium) + adjustment
where,
Risk free rate of return is 4.1%
Beta is 1.19
Market risk premium is 7.8%
Adjustment is 1.35%
Now put these values to the above formula
So, the value wold be equal to
= 4.1% + (1.19 × 7.8%)+ 1.35%
= 4.1% + 9.28% + 1.35%
= 14.732%
The standard deviation is irrelevant. Therefore, it is not considered in the computation part.
Hence, the firm set as the required rate of return for the project is 14.732%
