Question
Use the following information as you answer the following questions. Patient: Zach Green Deductible: $750 Coinsurance: 80/20 Patient out-of-pocket expense maximum: $2000 During Zach's first
Use the following information as you answer the following questions.
Patient: Zach Green
Deductible: $750
Coinsurance: 80/20
Patient out-of-pocket expense maximum: $2000
During Zach's first visit of the year, he incurred a $500 bill. Who pays this bill? I believe the answer is "Zach pays the bill." I'm not 100% sure on this though. He hasn't met his deductible so thats why I say Zach is responsible for this bill.
2. During Zach's second visit of the year, he incurred a $450 bill. Describe how much is paid by Zach and the insurance carrier.
3.Simon takes home $2,100.00 after taxes. If he pays 21% of his pay before taxes in tax. What's his gross pay.
4.An asset is known to appreciate in value by 21% (simple interest) per year. It was purchased on May 1, 2012. If it was worth $90 000 at the end of 2012, how much was it worth when it was purchased?
5. How much do I need to invest today, at 8% per year, compounded monthly in a savings account in order to have $35 268 at the end of 17 years for my son's four-year tuition at Ryerson University?
6.A man borrows Rs 10000 at 10% C.I. compounded yearly. At the end of each year he pays back 30% of the sum borrowed. How much money is left unpaid just after 2nd year?
7.Jack has $500 to invest. The bank offers an interest rate of 6% twice a year. How much money will jack have after 3 years? 10 years?
8.A particular state computed income tax, T (in dollars) on a person's income, x (in dollars), by the following formula:
T(x)=(0.018x if 0 x5,000
90+0.025(x-5,000) if 5,000 215+0.050(x-10,000) if x>10,000) a.What is the tax on an income of $7,300? Show work.(b) What is the tax on an income of $73,000? Show work. 9.Describe return on investment and show how it is calculated 10.P=(wA2* A2+ wB2* B2+ 2 * wA* wB* A* B*AB) Analyze the formula
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