According to the lecture, it's best to plan to live in your house for at least ______ years due to the upfront costs associated with home buying.
i. 2
ii.5
iii.4
iv. 3
Answers
According to the lecture, it's best to plan to live in your house for at least 3 years due to the upfront costs associated with home buying.
The upfront costs of buying a house include expenses such as a down payment, closing costs, and other fees. These costs can be substantial, and it takes time to recoup these expenses through appreciation or savings on rent. Staying in the house for at least 3 years allows homeowners to spread out these upfront costs over a longer period and potentially benefit from any market appreciation. Moving out too soon may not provide enough time to recover these expenses, making it less financially advantageous.
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Related Questions
You deposit $1000 now and you want the account to have a value as close to $8870 as possible in year 20. Assume the account earns interest at 10% per year. The year in which you must make another deposit of $1000 is
Answers
We may utilise the idea of compound interest to determine the year in which you need to make a further deposit of $1,000 to reach a target account balance of $8870 in year 20.
A = P(1 + r)^n A is the value of a future account. initial down payment, P r = periodical interest rate n = the number of cycles We can rewrite the calculation as follows if the starting deposit is $1,000, the interest rate is 10% annually, and we wish to reach an account value of $8870 in year 20: 8870 = 1000(1 + 0.10)^20 When we simplify the equation, we obtain: (1.10)^20 = 8.87 Using the 20th root from each side, we discover: 1.10 ≈ 1.455 We may now determine the year in which you must submit another. deposit: Year = 20 - 1 ≈ 19 In order to have an account value as near to $8870 as possible in year 20, you must make an additional deposit of $1,000 in year 19.
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Motor Works, Inc. has declared a $20,000 cash dividend to shareholders. The company has 5,000 shares of $15-par, 10% preferred stock and 10,000 shares of $20-par common stock. The preferred stock is non-cumulative. How much will the preferred and common stockholders receive on the date of payment?
Answers
Answer: $7,500 preferred stock, $12,500 common stock
Explanation:
Given that:
Total cash Dividend = $20,000
Preferred stock:
5,000 shares of $15-par, 10%
Therefore ;
preferred stock balance = number of share × price × rate
5000 × $15 × 0.1 = $7,500
Balance of common stock is therefore ;
Total cash Dividend - balance of preferred stock
$20,000 - $7,500 = $12,500
A bachelor's degree is earned at a ___.
O A. technical school
O B. four-year college
O C. vocational school
O D. two-year college
Answers
Answer: four year college
Explanation: online
A bachelor's degree is a four-year undergraduate degree that is typically earned at a four-year college or university. Hence option B is correct .
When A bachelor's degree is earned ?This degree is widely recognized as a standard credential for entry into many professional careers and is often a requirement for many higher-paying jobs.
The curriculum for a bachelor's degree program is typically divided into two parts: general education requirements and major requirements. General education courses provide students with a broad range of knowledge in subjects such as mathematics, science, literature, history, and social sciences.
Major courses focus on a specific area of study and provide students with the specialized knowledge and skills needed to excel in their chosen field.
While some technical schools and vocational schools may offer bachelor's degree programs, these are relatively rare.
Technical schools and vocational schools typically offer more specialized training in specific trades or industries, and degrees earned from these institutions are often associate degrees or certificates.
In contrast, two-year colleges, also known as community colleges, typically offer associate degrees, which can be earned in two years. These degrees are often designed as transfer degrees, allowing students to complete their general education requirements before transferring to a four-year college or university to complete their bachelor's degree.
Overall, a bachelor's degree is typically earned at a four-year college or university and is a valuable credential for those seeking to enter many professional careers.
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ven the following information C = 500 + 0 Yd T = 150 1 = 400 G = 100 (a) Calculate the national income equilibrium (b) Based on your answer in (a), draw the aggregate expenditure graph. (c) Suppose that investment changes by 300, what would happen to the national income equilibrium?
Answers
It shows that the expenditure increases as the national income increases.(c) The change in investment is 300. Let’s calculate the new equilibrium national income.Therefore,Y = (850 + I) / 0.3=> Y = (850 + 400) / 0.3=> Y = 4200New equilibrium national income is 4200.Therefore, if investment changes by 300.
The given information is: C = 500 + 0 Yd, T = 150 1 = 400, and G = 100(a) Calculation of national income equilibriumThe national income equilibrium can be calculated by using the following formula:Y = C + I + G + NXWhere, C = ConsumptionI = InvestmentG = Government purchasesNX = Net exportsYd = Y - TFrom the given information,C = 500 + 0 Yd=> C = 500 + 0 (Y - T) => C = 500 + 0 (Y - 150) => C = 500 + 0Y - 0(150)=> C = 500 + 0Y - 150=> C = 350 + 0YY = C + I + G + NX=> Y = (350 + 0.8Y) + I + 100 + (400 - 0.1Y) => Y = 350 + 0.8Y + I + 100 + 400 - 0.1Y=> Y = 850 + 0.7Y + I -------------(1)Putting the value of Y in equation (1):Y = 850 + 0.7Y + I => 0.3Y = 850 + I => Y = (850 + I) / 0.3National income equilibrium is given by the formula: Y = (850 + I) / 0.3=> Y = (850 + 100) / 0.3=> Y = 3166.67Therefore, the national income equilibrium is 3166.67.(b) Draw the aggregate expenditure graph. A graph of aggregate expenditure is shown below: Explanation :In the graph, the vertical axis represents total expenditure, while the horizontal axis represents national income.
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Five project proposals are being compared. To compare the alternatives, seven criteria have been selected and different weights have been assigned depending on their importance. Proposed projects have been evaluated based on each criterion as shown in the table below.
Answers
Project 4 has the highest weighted score (3.53) and is considered the best option among the proposed projects.
To compare the proposed projects using the Weighted Factor Scoring Model, we need to calculate the weighted scores for each criterion and then sum them up to obtain the overall scores for each project. The weighted scores are calculated by multiplying the evaluation score for each criterion by its assigned weight.
Criteria and Weights:
Appearance: 0.10
Braking: 0.07
Comfort: 0.12
Cost, operating: 0.13
Cost, original: 0.17
Handling: 0.29
Reliability: 0.12
Evaluation Scores (on a scale of 1 to 5):
Alternatives:
Project 1: 2, 2, 4, 2, 2, 4, 4
Project 2: 2, 3, 2, 3, 3, 3, 4
Project 3: 3, 4, 3, 4, 2, 3, 2
Project 4: 4, 2, 3, 2, 5, 4, 3
Project 5: 3, 3, 4, 4, 4, 3, 3
Let's calculate the weighted scores for each project:
For Project 1:
Weighted Scores = (2 * 0.10) + (2 * 0.07) + (4 * 0.12) + (2 * 0.13) + (2 * 0.17) + (4 * 0.29) + (4 * 0.12)
= 0.20 + 0.14 + 0.48 + 0.26 + 0.34 + 1.16 + 0.48
= 3.06
For Project 2:
Weighted Scores = (2 * 0.10) + (3 * 0.07) + (2 * 0.12) + (3 * 0.13) + (3 * 0.17) + (3 * 0.29) + (4 * 0.12)
= 0.20 + 0.21 + 0.24 + 0.39 + 0.51 + 0.87 + 0.48
= 2.90
For Project 3:
Weighted Scores = (3 * 0.10) + (4 * 0.07) + (3 * 0.12) + (4 * 0.13) + (2 * 0.17) + (3 * 0.29) + (2 * 0.12)
= 0.30 + 0.28 + 0.36 + 0.52 + 0.34 + 0.87 + 0.24
= 3.31
For Project 4:
Weighted Scores = (4 * 0.10) + (2 * 0.07) + (3 * 0.12) + (2 * 0.13) + (5 * 0.17) + (4 * 0.29) + (3 * 0.12)
= 0.40 + 0.14 + 0.36 + 0.26 + 0.85 + 1.16 + 0.36
= 3.53
For Project 5:
Weighted Scores = (3 * 0.10) + (3 * 0.07) + (4 * 0.12) + (4 * 0.13) + (4 * 0.17) + (3 * 0.29) + (3 * 0.12)
= 0.30 + 0.21 + 0.48 + 0.52 + 0.68 + 0.87 + 0.36
= 3.42
Now, let's compare the projects based on their weighted scores. The project with the highest weighted score is considered the best option:
Project 1: 3.06
Project 2: 2.90
Project 3: 3.31
Project 4: 3.53
Project 5: 3.42
Based on the calculations, Project 4 has the highest weighted score (3.53) and is considered the best option among the proposed projects.
Incomplete question:
Five project proposals are being compared. To compare the alternatives, seven criteria have been selected and different weights have been assigned depending on their importance. Proposed projects have been evaluated based on each criterion as shown in the table below. Criteria and Weights Appearance Braking Comfort Cost, operating Cost, original Handling Reliability 0.10) Alternatives (0.07)(0.12) (0.13) (0.17) 2 2 (0.29) 4 2 2 4 4 Use Weighted Factor Scoring Model to compare the proposed projects and determine the best one. Show all your work.
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A(n) _____ strategy relies on the promotion of sales, during which prices are temporarily reduced to encourage purchases.
Answers
Low/high pricing. A high/low pricing strategy is an alternative to EDLP that depends on the marketing of sales, during which prices are momentarily lowered to attract purchases.
This is a typical marketing strategy employed by companies to draw clients and boost revenue. There are numerous different ways to do sales promotions, including discounts, coupons, rebates, free samples, competitions, sweepstakes, and loyalty plans. A sales promotion's objective is to convince customers that they need to buy a good or service right away by providing them with a particular discount or incentive. The abbreviation "Everyday Low Prices" is EDLP. Retailers who continuously charge cheap rates for their goods and don't rely on sales or promotions to get customers utilize this pricing approach. Customers will value the consistently cheap pricing and grow devoted to the shop, according to the EDLP theory. Walmart, which made its living by providing everyday low prices, popularized EDLP. The drawback is that, particularly if they are up against other merchants who are employing various pricing techniques, it can be challenging for retailers to maintain low prices on all of their items.
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The above question is incomplete. The complete question is given below-
A(n) _____ strategy relies on the promotion of sales, during which prices are temporarily reduced to encourage purchases.
A. predatory pricing
B. high/low pricing
C. cost-based pricing
D. EDLP
E. competitor-based pricing
What is the main advantage of having a skill set with a high market value?
• A. There are fewer regulations restricting those skills.
B. Workers are more productive per hour using those skills.
C. Employers are willing to pay more for those skills.
D. Worker organizations have a major need for those skills.
SUBMIT
Answers
Answer:
C
Explanation:
The main benefit of having a high market value is that they will get a high price for the services they will provide. Their job will remain stable and they can lead a good life with the compensation they will receive.
Which type of financial risk happens when the prices of things rise and fall?
A. income risk
B. interest rate risk
C. personal risk
D. inflation risk
Answers
Answer:
Option B is your answer ☺️☺️☺️
Chloe received this email in her spam folder recommending a stock. What aspects of the letter should concern her? Choose four correct answers.
Answers
Answer: Edg 2021: A, B, D, E
Explanation:
Type the correct answer in the box. Spell all words correctly.
Which type of facility layout groups similar machines together so that they carry out specific functions?
In the case of a (blank) layout, similar machines are grouped together to carry out specific functions.
Answers
Answer:
A process layout groups similar activities together according to the functions they perform.
Explanation:
Answer:
process
Explanation:
Plato/Edmentum
Give two leadership skills and how they will help you as a manager.
Answers
Answer:
Communication. One of the most important skills of a leader is the ability to communicate effectively. ...
Awareness. ...
Honesty/Integrity. ...
Relationship Building. ...
Innovation. ...
Developing Leadership Skills.
Explanation:
gave5 ywww
1. Determine the trade-offs of implementing an ERP system in the company versus buying best of breed software and using middleware to integrate. 2. What are the potential impacts of such implementation on the company’s suppliers and customers? 3. If the company chose to stay with the system it currently has, what are some potential consequences that can occur in the future? 4. Based on the business nature of the company, the industry, and the current environment, what would you recommend doing?
Answers
Answer:
Throughout the clarification segment follows, the context of the concern is mentioned.
Explanation:
(a)
There seem to be different divisions of every company, such as ordering, production management, engineering, finance as well as ordering management, and marketing. Previously, with each company maintaining their everyone else's collection of information, these same government agencies used to collaborate throughout silos, resulting in redundant systems but so much time and energy during peaceful coexistence.By facilitating cross-functional transfers, ERP packages support organizations. These bundles, for example, come up with all these financial, ordering, balance sheets, accounts receivables, fully organized cash equivalents for one another and, and therefore also companies no longer have to store different copies of records. The numerous divisions can navigate the purchasing order that is raised throughout the framework.(b)
The future effect including its company's introduction to the ERP system would make communication with suppliers healthier and more streamlined. To strengthen the distribution network, collaboration with vendors can enhance communication and exchange knowledge utilizing innovative software. For clients, this new ERP deployment framework will satisfy the existing domain's scalable specifications.(c)
If the organization wanted to stick in the new method that was being non-synchronous and unreliable through its service, the likely implications for the immediate future seem to be the corporation's defeat with loss. There was no standard program or software kit used by the new framework for the whole enterprise and the complete IT arrangement was then disintegrated.The void of misunderstanding might expand if the government continues this very same method, combined with a lack of improvement in order fulfillment and procurement of materials. The attorney general's office and accounting would not have been able to assemble the tremendous pricing information that would not operate the shop in a successful direction instead of always get knotted in tech problems.(d)
The organization's overall nature includes an optimized application suite to be adopted, which is standardized for the whole workplace. The entire organization should be trained by a similar arrangement running on a single platform. Software besides inventory control, accounting, business development, capital structure, but most project management should be included in this effort and compliance.Effectiveness cloud-based software could allow the management to configure the program according to its preferences and then use it for particular purposes without buying everything at once. This ERP implementation seems to be profitable for the organization in terms of the current culture and community, as well as for the organization's strategic accomplishment.
What return do you expect earn if you buy the 3 years ,10% coupon bond today and sell it in exactly 1 year( if current price is 1051.45 rupees)
Answers
Answer:
8.02%
Explanation:
Since corporate bonds pay coupons semiannually, it would be important to first all determine the semiannual yield to maturity of this bond using a financial calculator as shown below:
We need to set the calculator to its end mode before making the following inputs:
N=6(number of semiannual coupons in 3 years=3*2=6)
PMT=50(semiannual coupon=face value*coupon rate/2=1000*10%/2=50)
PV=-1051.45 (current price)
FV=1000(bond's face value)
CPT
I/Y=4.02%
After one year, there would 4 semiannual coupons left, we can compute the bond price as shown thus:
N=4
PMT=50
I/Y=4.02(without % sign)
FV=1000
CPT
PV=1,035.56
The expected rate of return over one year is computed thus:
N=2(number of semiannual coupons in 1 year holding period)
PMT=50(the amount of each semiannual coupon)
PV= -1051.45
FV=1,035.56(selling price after one year)
CPT=4.01%(on a semiannual basis)
annual rate of return=4.01%*2=8.02%
Eastern Motors Auto Dealership wanted to estimate the average CLV over a 5 year time horizon of a customer who purchases a new vehicle. The average vehicle sells for $25,148 and has a margin of 8%. Based on historical averages, 89 of people buying a new vehicle at Eastern will return for service 7 times over the next 5 years. Though it varies considerably, Eastern generates approximately $96 in margin on each service visit after accounting for parts and direct labor costs.
Not including service, what is the average dollar margin for each new vehicle sold?
Answers
The total estimated CLV over a 5 year time horizon for someone who purchases a new vehicle at Eastern Motors is $2,609.92
Given,
Year time horizon = 5 year
Average vehicle sells for = $25,148
Margin = 8%
So, margin on selling vehicle = Average vehicle selling price * Margin = $25,148 * 8% = $2,011.84
Margin generated by 89% of people who return for service over 5 years = Number of times * Margin generated on each service = 7 * $96 = $672
Total estimated customer lifetime value (CLV) at Eastern Motors = Margin on selling vehicle + (Margin generated by 89% of people who return for service over 5 years * 89%) +
(Margin generated by 226% of people who do not return for service over 5 years * 22%) = $2,011.84 + ($672 * 89%) + ($0 * 22%) = 2,609.92
Hence, the total estimated CLV over a 5 year time horizon for a person who purchases new vehicle at Eastern Motors is $2,609.92
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Which type of line advertisements are considered a multi advertising method?
Web banners
Pop-under ads
Floating ads
Tristitial ads
Answers
The line advertisements that are considered a multi advertising method is Web banners.
What is advertisements?advertisements can be regarded as the process of promoting the brands of a company.
This advertisement involves different process of making a product known to the potential buyers and this could be a multi advertising method.
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the bank allows you to borrow money up to a specific amount
Answers
Revolving credit/credit.
Hope I helped you :3
I think my answer is correct :>
Answer:
Revolving credit.
credit.
Explanation:
In "revolving credit", the bank allows you to borrow money up to a specific amount, which is your "credit".
the types of milatary are safe
Answers
Answer: US Air Force and Navy
Explanation:
Why do you think celebrities bother to involve themselves in politics?
Answers
Answer:
Answer in explanation.
Explanation:
I think that celebrities bother to involve themselves in politics to try and make a statement or gain more fame and followers. Oftentimes, you see celebrities speaking on world events such as the BLM act, global warming, wildfires, or the pandemic that is still ablaze. As we all know, all politicians have their strong opinions but the points do not always get across when just the politicians talk about it. Sometimes, celebrities feel the need to speak on a topic that may be popular in the world of politics just to shine a light on it or even to get more attention. In conclusion, I feel that celebrities try to worm their way into politics because I believe that they think that it will make an impact.
There are several reasons why celebrities may choose to involve themselves in politics.
Why celebrities bother to involve themselves in politics?One reason is that they may feel a sense of responsibility or obligation to use their platform and influence to bring attention to important political issues and advocate for causes they believe in.
Additionally, celebrities often have access to resources and connections that can be useful in political activism and lobbying efforts.
Furthermore, political involvement can also benefit a celebrity's public image and career. By aligning themselves with certain political causes, celebrities may appeal to certain fan bases or demographics, which can increase their popularity and influence.
Moreover, some celebrities may simply be passionate about politics and want to use their voice and platform to make a difference in society. Overall, there are various reasons why celebrities may choose to involve themselves in politics, and the motivations can vary depending on the individual.
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Which type of bankruptcy leaves your credit report sooner?
Answers
have a great day!
3 Points
Annabel and Presley have both invested money in savings accounts with
APYs of 2.4%. If Annabel's account has a balance of $15,000 and Presley's
account has a balance of $18,000, how much more interest does Presley earn
than Annabel?
O
A. $360
B. $792
C. $432
D. $72
SUBM
Answers
Answer:
D
Explanation:
Annual percentage yield is a form of interest that a savings account earns on a deposit in a year ,expressed as a rate of the deposit.
To calculate the difference in the interest earned as per the question , the interest yield by the two accounts are calculated and the differences also worked out.
Annual percentage yield = 2.4 %
Annabel's account balance = 15,000
Annual yield = 2.4% * 15,000 = 360
Presley's account balance = 18,000
Annual yield = 2.4% * 18000 = 432.
Difference = 432 -360 = 70
Discuss the importance of financial markets for a healthy economy and economic growth.
Answers
Answer:
I think financial markets can provide money to health and economic institutions in case they need it
Answer:
A well-developed and smoothly operating financial market is essential for healthy economic growth. Financial markets act as intermediaries between borrowers and investors and channel money into the economy.
Financial markets and money markets are efficient ways for companies and governments to collect money for their needs. Governments collect money for building public infrastructures such as roads, ports, airports, bridges, and other purposes. These projects help governments create new jobs, stimulate economic growth, and earn more tax revenue in the future.
Companies borrow money for business expansion, which creates more jobs and increases economic output. Companies earn more revenue due to business expansion, and the government collects more taxes.
The financial market acts as a channel between investors and borrowers, so it needs to be efficient and robust. A strong financial market can attract funds from a huge population of small investors and accelerate economic growth.
Explanation:
This is the sample answer (word for word)
Type the correct answer in the box. Spell all words correctly.
Ideally, what should more than one member of the family contribute to for a better financial position?
A family can have more than one person contributing to the household _______
for a better financial position.
Answers
A family can have more than one person contributing to the household income for a better financial position.
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What is one request a borrower can make of a lender in order to get debt
relief?
OA. The borrower can ask for the terms of the loan to be rewritten.
OB. The borrower can ask to have debt shifted to a credit card.
C. The borrower can ask to pay the loan off early.
OD. The borrower can ask for a loan to be transferred.
Answers
With a forbearance or loan modification, you might be able to cut down on your mortgage payments or put them on hold for a while. You could possibly bring down your Visa installments or loan fee by agreeing with your charge card moneylender.
Which is a good illustration of a secured loan?Collateral serves as backing for secured debt. The lender may take back the collateral in the event that the borrower defaults on a secured loan. Instances of gotten obligation incorporate home loans, car advances and got Mastercard's.
How can debt be managed the most effectively?Paying the minimum monthly payment on all of your debts, with the exception of those with the highest interest rate, is one strategy that may help you reduce your debt the quickest. Pay as much as you can on that debt. After paying off this debt, you move on to the next one with the highest interest rate, where you pay more than the minimum.
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rental insurance isn't important since the landlord's insurance on the building includes coverage on all tenants' belongings. group of answer choices true false
Answers
False. Rental insurance is important because the landlord's insurance on the building typically does not cover tenants' belongings.
Explanation: Rental insurance, also known as renter's insurance, is a type of insurance policy that provides coverage for tenants' personal belongings and liability protection. While the landlord's insurance on the building typically covers damages to the structure itself, such as fire or water damage, it does not typically extend coverage to tenants' personal belongings. In the event of theft, vandalism, or other covered perils, tenants without rental insurance would bear the financial burden of replacing their belongings. Therefore, it is important for tenants to have their own rental insurance to protect their personal property and provide liability coverage for incidents that may occur within their rented space.
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using information systems to help foresee corporate business opportunities and threats might be done by all levels of management, but it is most important for which management level?
Answers
Foresee corporate business opportunities and threats might be done by all levels of management, but it is most important for top level managers
Top level managers :
Top level managers are the people who represent the highest level of leadership. Top His manager often uses the word "chief" for titles, such as Chief Executive Officer, Chief Financial Officer. These managers help keep the company growing and execute plans for the long term.
What role does the top manager play?The top-level manager is responsible for creating and implementing organizational plans and policies and is an executive at his level of expertise. They act as an intermediary between top and bottom management levels. These professionals can work to guide the overall direction of the organization.
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One of the secondary levers for reducing pipeline inventory is to:A) offer seasonal pricing plans.B) increase capacity cushions.C) accept only large orders.D) select more responsive suppliers.
Answers
One of the secondary levers for reducing pipeline inventory is D) select more responsive suppliers.
Pipeline inventory refers to inventory that is currently in transit or in the process of being transported from suppliers to the company's facilities. To reduce pipeline inventory levels, companies can employ various strategies, and selecting more responsive suppliers is one such lever.
By choosing suppliers who are more responsive and efficient in their operations, companies can minimize lead times, improve delivery reliability, and reduce transit times. This allows for faster inventory replenishment and reduces the need for excessive pipeline inventory.
Options A (offer seasonal pricing plans) and C (accept only large orders) are not directly related to reducing pipeline inventory. Seasonal pricing plans may influence customer demand patterns, but they do not directly impact pipeline inventory levels. Similarly, accepting only large orders may affect order quantities but does not necessarily address pipeline inventory.
Option B (increase capacity cushions) is related to managing internal production or storage capacities and is not specifically focused on reducing pipeline inventory.
Therefore, the correct answer is D) select more responsive suppliers, as it directly addresses the optimization of supply chain responsiveness to reduce pipeline inventory.
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which act governors partnership firm??
Answers
Answer:
Partnership firms in India are governed and regulated by the Indian Partnership Act, 1932. Partners are the individuals that join together to form a partnership firm. A contract between the partners establishes the partnership firm.
Explanation:
your accountant has convinced you that you should invest your bonus from this year into your retirement account—instead of buying a new sports car—because of the high expected return on the investment. determine which of these fundamental factors is affecting the cost of money in the scenario described:
Answers
In the given Scenario the Time preferences for consumption will affect the cost of money, because
The preferences of consumers for current consumption as opposed to saving for future consumption.
I.e your accountant has preferred you to oppose the current consumption of buying a new sports car as to saving for future consumption by investing in your retirement account.
Let me discuss the other two factors for the shank of knowing:
Risk:
The chances that an investment will provide a low or negative return.
Inflation:
The amount by which prices increase over time.
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Stanley McBride is employed by the True Blue company. The PPO annual premium is $7,058. His employer
pays 70 percent of the total cost. His contribution is deducted from his paycheck. What is McBride's monthly
deduction?
Answers
To calculate Stanley McBride's monthly deduction, we need to start by figuring out his portion of the PPO annual premium. Since his employer pays 70 percent of the total cost, McBride is responsible for paying the remaining 30 percent. Therefore, Stanley McBride's monthly deduction for the PPO annual premium is $176.45.
To find out how much that is, we can multiply the annual premium by 0.3:
$7,058 x 0.3 = $2,117.40
So McBride's annual contribution is $2,117.40. To find out his monthly deduction, we need to divide that amount by 12:
$2,117.40 / 12 = $176.45
Therefore, Stanley McBride's monthly deduction for the PPO annual premium is $176.45. This amount will be deducted from his paycheck each month as a contribution towards his health insurance through the company.
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Which profession do you prefer ro choose for your career?Engineer or Architect? Why?
Answers
Answer:
Architects
Explanation:
In my opinion,
Architects create new design concepts that push how modern day construction is executed.Architecture is one of the few professions that is never static.” Recently, architects have become more and more concerned with environmental and socially responsible building practices and materials.