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PLEASE ANSWER ALL THE QUESTIONS Assume your health insurance has a $500 deductible and a 10% co-pay. How much would you have to pay for
PLEASE ANSWER ALL THE QUESTIONS
Assume your health insurance has a $500 deductible and a 10% co-pay. How much would you have to pay for a $800 medical bill, assuming this is the only charge you have for the entire year? |
Disability insurance costs roughly 1% a year for a 30-year old (It is probably double that for a 50-year old). What would be the annual cost of a $100,000 policy? Why is disability insurance more expensive than term life insurance? |
Homeowners insurance costs roughly 0.5% of the value of the house. How much is the monthly bill for a $400,000 home? |
Car insurance for a 20-year old is roughly $5,000 in NY. What is that as a percentage for a $30,000 car? Why is the percentage higher for car insurance compared to house insurance? |
If you buy a 2 year bond, what will your final payment consist of? |
Assume you buy a $1,000 2%, 1 year bond, paid semi annually. How much interest do you get paid after 6 months? What would be the difference between putting your earned interest in your pocket vs investing it at the same rate? |
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