Answer:
A. Management's minimum required balance.
Explanation:
The minimum balance is the minimum dollar sum that a client must have in an account to get some service benefit, for example, keeping the account open or getting premium.
Your money will double in approximately 11 years and quadruple in approximately 22.
Use the Rule of 72 for doubling (72/interest rate= number of years to double) and the Rule of 144 to quadruple (144/interest rate= number of years to quadruple).
The factor that protects Tricare beneficiaries from devastating financial loss due to serious illness or long-term treatment by establishing limits over which payment is not required is known to be called catastrophic cap benefit.
<h3>What is catastrophic cap benefit?</h3>
The catastrophic cap is known to be a word that connote the highest or maximum a person and their family can be able to pay so that they can be able to covered TRICARE health care services in all of the calendar year.
Note that this is known to be a plan that tends to protects a person due to the fact that it lowers the amount in terms of the out-of-pocket expenses a person need to pay for TRICARE covered medical services.
Therefore, The factor that protects Tricare beneficiaries from devastating financial loss due to serious illness or long-term treatment by establishing limits over which payment is not required is known to be called catastrophic cap benefit.
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Answer:
The option there are both monetary and non-monetary considerations that must be taken into account, is the best option that characterizes the factors involved in a cost-benefit analysis.
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Answer:
$144,200
Explanation:
Collection in December -
Given,
September = $157,000;
October = $148,000;
November = $132,000;
December = $169,000.
Conditions -
1. 20% in the month of sale - December sale = $169,000 x 20% = $33,800
2. 50% in the first month after sale,
therefore, December will be first month of the sale of the month of November's collection = $132,000 x 50% = $66,000
3. 30% in the second month after sale,
therefore, December will be second month of the sale of the month of October's collection = $148,000 x 30% = $44,400
Therefore, December's collection = $(33,800 + 66,000 + 44,400)
= $144,200
