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3 years ago

How is long-term disability insurance different from health insurance?

Business

1 answer:

NARA [144]3 years ago

7 0

Answer:

The correct answer is letter "A": Health insurance covers the cost of healing the injury or illness, while long-term disability covers the money you would have made, such as a percentage of your salary.

Explanation:

It is important for employees to be enrolled in both health insurance and long-term disability plan. Health insurance would cover the medical expenses of assistance whether the individual can still work or if that person needs days off. However, the days of work lost will not be taken in charge. There is where long-term disability comes into play. Long-term disability pays the insured a percentage of the wage that person would have received while working.

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The bond, which has a $1,000 face value and a coupon rate equal to 10 percent, matures in six years. Interest is paid every six

nikitadnepr [17]

Answer:

Market value of bond = 841.14

Explanation:

Explanation:

The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV) discounted at the yield rate.

Value of Bond = PV of interest + PV of RV

The value of bond can be worked out as follows:

Step 1

Calculate the PV of interest payments

Semi annual interest payment

= 10% × 1,000× 1/2 = 50

PV of interest payment

A ×(1- (1+r)^(-n))/r

r- semi-annual yield = 14%/2 = 7%

n- 6× 2 = 12

= 50× (1-(1.07^(-12)/0.07

= 397.13

Step 2

PV of redemption Value

PV = $1000 × (1.07)^(-12)

= 444.011

Step 3

Price of bond

= 397.13 +444.01

=841.14

Market value of bond = 841.14

3 0

2 years ago

I need ideas for my new rap song

Vlada [557]

Sing about what you did to get to where you are now, it helps people understand why u starting rapping, many do it to cope with pain. But hey wish you luck!!

5 0

2 years ago

An indication of one’s lifestyle is __________________.

Bezzdna [24]

Answer:

all of the above

Explanation:

all of these indicates one's lifestyles.

8 0

1 year ago

Over the course of a day, fans pour into a NASCAR venue at the rate of 8,000 people per hour. The average rate at which fans lea

bezimeni [28]

Answer:

Must be exactly 8,000 people per hour.

Explanation:

Flow rate or throughput is the rate at which customers, goods, or services flow though a business process. It is usually measured as an average number of units that pass through a process per unit time.

In this scenario the people that entered the NASCAR venue were 8,000 people per hour.

So when people are coming out of the NASCAR venue average rate of flow out must be 8,000 people per hour.

The rate of units entering a business process must be equal to rate of units coming out per unit time.

8 0

2 years ago

Lupine Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. T

Anna [14]

Answer:

Allocated MOH= $420

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (253,600/31,700) + 6

Predetermined manufacturing overhead rate= $14 per machine hour

<u>Now, we can allocate overhead to Job L716:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 14*30

Allocated MOH= $420

5 0

3 years ago