Answer:
annual profit per insurance policy 107.4 dollars
Explanation:
for every 1,000 insurance policy:
revenue 1,000 x 120 = 120,000
outpatient cost: 5 x 900 = 3,600
overnight cost: 3 x 3,000 = 9,000
Profit: 107,400
We now divide over 1,000 policies:
107,400 / 1,000 = 107.4
Each policy is expected to generate a gross profit of 107.4 dollars
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Answer:
Decreases
Explanation:
present value is the sum of discounted cash flows.
as interest rate increases, which is used in discounting cash flow,present value decreases.
for example, the present value of $10 one year from now with a 10% discount rate is $9.09
when discount rate is 12%, it becomes $8.92
Answer: yes I agree the him
Explanation: