Anything that contains, and or supplies electricity. (e.g. Fuse box/Breaker Box, Industrial Battery Terminals, Power Outputs(Outlets,Switches,Lights etc.)<span />
Answer: The present value of the new drug is $19.33 million
We follow these steps to arrive at the answer:
Expected Revenues from the drug in year 1(P) $2 million
Growth Rate (g) 2% p.a.
No. of years (n) 17 years
Discount rate (r) 9% p.a.
Since the revenues are expected to grow at a constant rate of 2% p.a, we can treat this series of cash flows as a <u>growing annuity. </u>
We calculate the Present Value of a growing annuity with the following formula:
![PV = \frac{P}{r-g}*\left [ 1- \left (\frac{1+g}{1+r}\right)^{n}\right]](https://tex.z-dn.net/?f=PV%20%3D%20%5Cfrac%7BP%7D%7Br-g%7D%2A%5Cleft%20%5B%201-%20%5Cleft%20%28%5Cfrac%7B1%2Bg%7D%7B1%2Br%7D%5Cright%29%5E%7Bn%7D%5Cright%5D)
Substituting the values we get,
![PV = \frac{2}{0.09-0.02}*\left [ 1- \left (\frac{1+0.02}{1+0.09}\right)^{17}\right]](https://tex.z-dn.net/?f=PV%20%3D%20%5Cfrac%7B2%7D%7B0.09-0.02%7D%2A%5Cleft%20%5B%201-%20%5Cleft%20%28%5Cfrac%7B1%2B0.02%7D%7B1%2B0.09%7D%5Cright%29%5E%7B17%7D%5Cright%5D)
![PV = \frac{2}{0.07}*\left [1- 0.323558233\right]](https://tex.z-dn.net/?f=PV%20%3D%20%5Cfrac%7B2%7D%7B0.07%7D%2A%5Cleft%20%5B1-%200.323558233%5Cright%5D)
The amount of the $3,650 will be the heath care expenses that Hussain have to pay.
<h3>What is a basic health insurance policy?</h3>
This is a health benefits usually for low-income residents who are eligible to purchase coverage through the Health Insurance Marketplace.
This policy does not cover all the coverage under a standard health insurance policy.
The coverage of the basic health insurance policy only includes $5,000 emergency room bill for treatment of an injury and $100,000 for emergency hospitalization.
Hence, he wiil pay for $250 for an annual checkup, $450 to see an orthopedic specialist with a referral from his doctor, $3,000 for dental surgery.
Read more about basic health insurance
<em>brainly.com/question/1941778</em>
#SPJ1
Answer:
The matter was handled really unfairly
Explanation:
Exuberance in a statement are usually identified by the use of the words - really and completely.
These words tend to give an expression of making excess effort in doing something. So exuberance is not controlled.
Overuse of intensifiers in a sentence shows exuberance and this is not ideal in business communication.
Various intensifiers include - very, definitely, really, actually, totally, extremely, and completely.
Answer:
See below
Explanation:
Given the information above, first we need to compute ending balance of account receivables.
Ending balance of account receivables = Beginning balance + Credit sales - Customer's account collected - Write off amount
= $125,000 + $1,400,000 - $1,350,000 - $0
= $175,000
The year end balance in the allowance for uncollectible account would be
= $175,000 × 10%
= $17,500
Now, the bad debt expense
= Year end balance of allowance for uncollectible account - Beginning balance of allowance for doubtful accounts + Written off
= $17,500 - $15,000 + $0
= $2,500
