In which of the following scenarios will you be entitled to pay the least amount of money out-of-pocket for a medical expense?

If a government-imposed price floor legally sets the price of milk above market equilibrium, which of the following will most li

inessss [21]

B - The quantity of milk supplied will decrease

8 0

2 years ago

Last year, Jose had to invest. He invested some of it in an account that paid simple interest per year, and he invested the rest

VladimirAG [237]

Answer:Please refer to the explanation section

Explanation:

The question is incomplete. We do not have the rate interest for both accounts. We also do not know how much is invested in each account. The question also has a typo, the question says "he invested some of it in an account that paid simple interest per year and invested the rest in an account that paid simple interest per year". We will make some assumption in order to provide a proper solution to this question

Assumptions:

Firstly we will assume he invested in a simple interest account and a compound interest account. assume

The total investment is $1000. $5000 is invested in each account.

Therefore the Present Value (PV) is $5000 for both accounts

Interest rate (R) is 10% per year for simple interest and 10% per per year Compounded monthly for compound interest account

Period (n) = 1 year

Simple Interest Account

Future Value (Simple Interest) = P(1 + Rn)

Future Value (Simple Interest) = $5000(1 + 0.10 x 1) = $5500

Interest from Simple interest account = 5500 - 5000 = $500

Compound interest Account

Future Value (Compound interest) = P(1 + R)^n

Future Value (Compound interest) = $5000(1 + 0.10/12)^12 = 5523.565337

Interest form Compound interest account = 5523.57 - 5000 = $523

compound interest account earned more interest than Simple interest Account

5 0

2 years ago

Read 2 more answers

___ refers to the potential for the long-term well-being of the natural environment, including all biological entities, as well

Neko [114]

Answer: Sustainability

Explanation:

The sustainability is the term which is used to refers to the economical activities that helps in maintain the present actual requirement and also understanding the future abilities.

The importance of the sustainability is that it helps in maintain the quality of our environment and also the various types of natural resources.

The following are some benefits of the sustainability are as follows:

Reduce the cost
Helps in reducing the waste
Increase the productivity in an organization
The business abilities get increased

According to the question, the sustainability is basically refers to the natural environment that has long term potential which include the various types of biological entities, business strategies and also the interaction with the environment.

Therefore, Sustainability is the correct answer.

8 0

3 years ago

What term describes the study of the rights and duties of citizens?

bija089 [108]

Answer: Civics is the study of the rights and duties of citizens.

Explanation:

3 0

3 years ago

Chelene had been a caregiver for Marta’s elderly mother, Janis, for nine years. Shortly before Janis passed away, Chelene convin

kaheart [24]

Answer and Explanation:

1. Marta cannot avoid the contract on the basis of a mistake of buying the house because she was supposed to inspect the house she was buying

2. Marta cannot sue Chelene for fraudulent misrepresentation because Chelene was not aware of the condition of the house. The elements in fraudulent misrepresentation are lacking : no intention to deceive, no misrepresentation of material facts

3. It would be Chelene's duty to reveal that there is defect in the house and if not the court would see this as misresprentation.

4. There was no undue influence from Chelene in selling the house and so Marta and Janis even she was alive cannot revoke the contract on this basis

7 0

3 years ago