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2 years ago

What is a deductible?How does deductible affect insurance

1 answer:

7 0

In an insurance policy, the deductible is the amount paid out of pocket by the policy holder before an insurance provider will pay any expenses.

The lower a plan's deductible, the higher the premium. You'll pay more each month, but your plan will start sharing the costs sooner because you'll reach your deductible faster.

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purchased goods for Rs 10000 and paid Rs 4000 in cash. The balance amount is paid through cheque after receiving discount Rs 500

Vsevolod [243]

purchased goods for Rs 10000 and paid Rs 4000 in cash. The balance amount is paid through cheque after receiving discount Rs 500.

Total balance is 500

In economics, a good is anything that satisfies a person's needs and provides utility, such to a customer buying a satisfying product. Services that cannot be transferred and transferable products are two categories that are frequently distinguished. When a good is helpful to people but is in short supply compared to demand, it is said to be a "economic good" and requires human effort to attain. Free things, on the other hand, like air, are always available and don't require any deliberate effort to obtain. Private goods include anything a person owns or uses on a regular basis that is unrelated to food, such as televisions, living room furnishings, wallets, cell phones, etc.

A consumer good, often known as a "ultimate good,"

Learn more about good here

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8 0

1 year ago

Net present value LO P3 Beyer Company is considering the purchase of an asset for $250,000. It is expected to produce the follow

Marysya12 [62]

Answer:

$20,996.49

Yes

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be found using a financial calculator.

Cash flow in year 0 = $-250,000

Cash flow in year 1 = $83,000

Cash flow in year 2 = $43,000

Cash flow in year 3 = $76,000

Cash flow in year 4 = $127,000

Cash flow in year 5 = $49,000

I = 12%

NPV = $20,996.49

The company should accept the project because the NPV is postive.

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

8 0

3 years ago

Read 2 more answers

A nonprofit team attempting to reduce your state's unemployment rate is partnering with an outplacement firm to host workshops

Ira Lisetskai [31]

Answer:

conscientiousness

Explanation:

Just finished taking my test this was the correct answer they showed. Ur welcome

8 0

2 years ago

When you choose to live with a roommate on a collage campus, you can live there for free. True or False?

Sergeu [11.5K]

Answer:

False

Explanation:

You just split everything 50-50

5 0

2 years ago

To create a competitive advantage that is sustainable over time, the international company should try to develop competencies th

Ulleksa [173]

<span>To create a competitive advantage that is sustainable over time, the international company should try to develop competencies that create value for customers and value they are willing to pay for in that item.

When you have a competitive advantage you are creating value in your product that make a consumer buy it over another similar product. Making sure the item and the value created for the customer match the price point it's set at.
</span>

6 0

2 years ago