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neonofarm [45]
3 years ago
5

Paula earns $40,000 per year and rides her bicycle to work. There is a 1% chance that she will break her leg in the next year an

d a 99% chance that she won't be hurt at all. Medical bills for a broken leg are estimated at $4,000. If Paula buys full health insurance at an actuarially fair premium, what is the premium she will pay for the next year?
Business
1 answer:
Hoochie [10]3 years ago
8 0

Answer:

$40

Explanation:

The computation of the premium pay for the next year is shown below:

= Estimated medical bills × given percentage for next year

= $4,000 × 1 %

= $40

By multiplying the estimated value of medical bills with the next year given percentage, the premium for the next year can come

All other information that is given in the question is not relevant. Hence, ignored it

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If your salary is $42,500 and your federal income taxes are 10% of your salary, how much money will you owe this year in federal
liraira [26]

Your federal income taxes are taxes that are taken by the federal government based on the amount of money you make during the year. These taxes come out on each paycheck and are deducted from your salary. At the end of the year, you are able to file a tax return and claim things against the money the government has taken from you to receive some back. This is known as filing your Federal Tax Return. When solving this question, we are assuming there are no deductions and we know that the federal income taxes are 10% of $42,500.

To solve, take $42,500 and multiply it by 10%, this will give you the total amount of income tax owed which is $4,250.

7 0
3 years ago
Read 2 more answers
Which of the following refers to a process that first determines what information marketing managers need and then​ gathers, sor
Lapatulllka [165]

Answer:

c. Marketing information system​ (MIS)

Explanation:

Marketing information system​ (MIS) -

It refers to the management of the information to help the marketing decision making process , is referred to as Marketing information system​ (MIS)  .

The information or the data is collected , stored and distributed accordingly , to make the process fast and efficient .

Hence , from the given information of the question,

The correct option is c. Marketing information system​ (MIS) .

3 0
3 years ago
Because the main goal of high-stakes testing is to upgrade the performance of poorly achieving students, low-income and ethnic m
Degger [83]
Because the main goal of high-stakes testing is to upgrade the performance of poorly achieving students, low-income and ethnic minority children are <span>especially likely to be exposed to narrowly focused, regimented teaching.
They do this to them because Children from low-income family tend to not have an additional guideline from their parents because they tend to take two or more job.</span>
7 0
3 years ago
For her first speech, Rebekah plans to explain her interest in dance beginning with her childhood and continuing through her day
PIT_PIT [208]

Answer:

Chronological

Explanation:

The pattern would be chronological because she has used a sequence which is according to the progression of time which in this case starts from early days and get through schools days to date. This is a chronological pattern is best used when history is told because random sequence doesn't makes sense in this case and also that the person who tells the history makes it more interesting when he make the flow of information in a chronological pattern. So the right answer here is Chronological patter.

4 0
3 years ago
Jackson Company had a net increase in cash from operating activities of $10,000 and a net decrease in cash from financing activi
zmey [24]

Answer:

A. an outflow or decrease of $1,000.

Explanation:

Ending balance of cash = Opening balance of cash + Net cash flow of the period

Ending balance of cash = Opening balance of cash + ( Cash flow from operating activities + cash flow from investing activities + cash flow from financing activities )

$11,000 = $4,000 + $10,000 + cash flow from investing activities - $2,000

$11,000 = $12,000 + cash flow from investing activities

Cash flow from investing activities = $11,000 - $12,000

Cash flow from investing activities = -$1,000

7 0
3 years ago
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