Answer:
$40,500
Explanation:
The computation of the bill payment paid by the insurance is shown below"
= Medical bill incurred cost × percentage given + deductible amount
= $50,000 × 80% + $500
= $40,000 + $500
= $40,500
We simply added the medical bill insured cost based on the percentage and the deductible amount so that the accurate amount can come
Answer:
d. Bargaining power of buyers
Explanation:
The porter five forces are as follows:
1. The rivalry among competitors deals with the strength and weaknesses of the competitors in order for the company to plan accordingly.
2.The supplier's bargaining power stated that the price change of the product made by the supplier's offer plus the customer is attracted to the product because the product is unique and has an impact on the overall profit.
3.The purchaser's bargaining power deals with the number of purchasers and how many orders a single purchaser places.
4. The threats posed by new entrants affect the overall position of the company where the competitor enters the market.
5. The threat of substitution is an alternative method of producing goods and services that can also have a direct influence on your position and on productivity.
As the given situation focuses on the customers network that reflects the bargaining power of buyers.
Answer:
$20,41,995.21
Explanation:
The calculation of retirement account value is given below:-
Monthly deposit 700 pmt
Interest rate 0.102
years 32
Compounding per year 12
Monthly interest rate 0.0085 rate
Number of periods 384 nper
The formula is shown below
=FV(rate,nper,pmt,pv)
After applying the formula the Retirement account value is $20,41,995.21
and for better calculation please find the attachment.
Answer:
c
Explanation:
Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves. The lower the ratio, the higher the increase in money supply
Money multiplier = 1 / reserve requirement
Money multiplier when reserve ratio is 10% = 1/10 = 0.1 = 10%
Money multiplier when reserve ratio is 20% =1/20 = 0.05 = 5%
there is a decrease of money multiplier from 5% to 10% when reserve ratio is increased from 10 percent to 20 percent