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Trava [24]
4 years ago
7

While investigating a current claim, an insurance company learns the insured claimant had not included their full medical histor

y on the application and that the current claim results from a condition that was probably pre-existing 4 years ago, when the application was approved. The company will:
a. Reduce the percentage of payment for the current claim
b. Pay the current claim, but void the policy, based on misrepresentation
c. Deny payment of the claim and cancel the policy, based on misrepresentation
d. Pay the claim
d. Pay the claim
Business
1 answer:
koban [17]4 years ago
4 0

Answer:

"D"

Explanation:

Health insurance claims are the bills of medical treatment that health care providers sent to the insurance company on behalf of the insured.It is guided by health law

In some cases , the policy holder may bear a certain percentage of the cost depending on the contract agreement.

The right to claims can not be denied because of a pre existing condition.Even though it was not disclosed in the application , it is not a justified reason to deny the claim.

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Find the velocity and position vectors of a particle that has the given acceleration and the given initial velocity and position
Murljashka [212]

Answer:

v(t) = (2t + 1)i + 3t²j + 4t³k

r(t) = (t² + t)i + (t³ + 7)j + (t⁴ - 4)k

Explanation:

a(t) = 2i + 6tj + 12t²k

v(t) = ∫a(t)dt

     = ∫(2i + 6tj + 12t²k)dt

     = 2ti + (6t²/2)j + (12t³/3)k + c

     = 2ti + 3t²j + 4t³k + c

v(0) = i

    i = 0i + 0j + 0k + c

    c = i

∴ v(t) = 2ti + 3t²j + 4t³k + i

v(t) = (2t + 1)i + 3t²j + 4t³k

r(t) = ∫ v(t)dt

    = i ∫ (2t + 1)dt + 3j ∫ t²dt + 4k ∫ t³dt

    = i (2t²/2 + t) + 3j(t³/3) + 4k(t⁴/4) + d

    = i (t² + t) + jt³ + t⁴k + d

r(0) = 7j - 4k

0i + 0j + 0k + d = 7j - 4k

d = 7j - 4k

∴ r(t) = (t² + t)i + t³j + t⁴k + 7j - 4k

r(t) = (t² + t)i + (t³ + 7)j + (t⁴ - 4)k

8 0
3 years ago
You are the mayor of the small town of Wasilla and a landowner has offered to sell you 1,000 hectares of woodland for $2,000,000
gizmo_the_mogwai [7]

Answer:

Part (a)

Buying of land would be smart thought if the net present estimation of advantage is at any rate equal to or more prominent than the present estimation of cost of land.  

Net present estimation of land = \frac{100,000 (1-1.05^{-50}) }{0.05}  

= $1,825,592.54  

The expense of land is anyway $2,000,000. The net present expense of land is more noteworthy than the advantages. Subsequently it isn't a good thought to purchase the land.  

Part (b)

The maximum sum that ought to be paid ought to be equivalent to the net present estimation of advantages, for example $1,825,592.54.  

Part (c)

If the entertainment benefits increment by 3 years then the net present estimation of advantages for a long time would be:  

= \frac{100,000 * [ 1 - (1.03/1.05)^{50}  ] }{(0.05-0.03)}  

=$3088535.28  

The land should be purchased since the present estimation of advantages is more prominent than cost.

4 0
4 years ago
Audrey works in the accounting department of Colorado Manufacturing. Today she will use the firm's ledger to summarize informati
Doss [256]

Answer:

trial balance

Explanation:

Based on the information provided within the question it can be said that in this scenario Audrey will prepare a trial balance. This refers to an extensive list detailing all the general ledger accounts that can be found within the ledger of a business, each of which will reveal the name and balance of that account. This is what Audrey is preparing and is one of the main tasks completed by accounting departments.

3 0
4 years ago
SummerSnowman Industries' last dividend was $1.25. The dividend growth rate is expected to be constant at 15.0% for 3 years, aft
matrenka [14]

Answer:

$33.50

Explanation:

we can use the perpetual growth model to determine the price of the stock

the firm's stock price = ($1.25 x 1.15)/1.11 + ($1.25 x 1.15²)/1.11² + ($1.25 x 1.15³)/1.11³ + [($1.25 x 1.15³ x 1.06)/(11% - 6%)]/1.11³

the stock price in 3 years = ($1.25 x 1.15³ x 1.06)/(11% - 6%) = $40.30

the firm's stock price = ($1.25 x 1.15)/1.11 + ($1.25 x 1.15²)/1.11² + ($1.25 x 1.15³)/1.11³ + $40.30/1.11³ = $1.30 + $1.34 + $1.39 + $29.47 = $33.50

4 0
3 years ago
After 15 years of employment in the airline industry, John started his own consulting company to use physical and computer simul
gogolik [260]

Answer:

9%

Explanation:

The first step is to understand the relevant terms in the question

Average Cost of New Capital

The cost of capital represents a required return rate (in percentage)  an organisation or an individual ( in the case of John) will need to make a capital project advantageous, worthwhile or profitable.

In the case of John, the Average Cost of New Capital is 9%

MARR - Minimum Acceptable Rate of Return

This rate also in percentage represents the lowest or minimum rate of return a business or an individual is able to accept in order to start a given project. It is usually based on the risk of the project as well as the alternate benefit foregone if other projects were accepted.

It is also called the Hurdle rate, or the cutoff rate.

John's MARR is 18%

Based on these,

John's Net rate of  return is calculated as follows

Minimum Acceptable Rate of Return - Average Cost of the New Capital

= 18% - 9% = 9%

5 0
3 years ago
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