I need the answers to 15, 16, 17, 18, 19, 20 and 30, 32 ASAP! Thank you! Dabe EX

Question

I need the answers to 15, 16, 17, 18, 19, 20 and 30, 32 ASAP! Thank you!

Dabe EXERCISE 6.3 S Directions Solve the following problerns. Ploce your onswers in the blanks provided A. Determine the monthly premium for individual and family heaith coverage. The employer will pay $100 of the monthly premium for each employee. An additional $80 is added to the individual monthly premium for family coverage. Round all answers to the nearest hundredth. monthly premium monthly premium monthly premium monthly premium monthly premium monthly premium monthly premium monthly premium monthly premium monthly premium monthly premium monthly premium monthly premium monthly premium monthly premium Individual annual premium: $1,500-1. 2. Individual annual premium: $1,2503. 4. Family premium- Family premium Individual annual premium: $990- Family premium- 6 Individual annual premium: $1,9007. 8. Individual annual premium: $2,400 = 9. 10. Individual annual premium: $1,875 11 12. Individual annual premium: $1,21013. 14. Individual annual premium: $1,050 = 15. 16. 0 Family premium- Family premium- Family premium- Family premium - Family premium monthly premium B. Determine the amount of money the insurance company and the individuals will pay in the following automobile accidents. All insured motorists have 25/50/10. Accident # 1: Personal bodily injury: Corey Kramer- $32,000 Jane Kramer = $31,000 Automobile = $15,000 Property damage: 17. Insurance pays for personal bodily injury: 18. Insurance pays for property damage: 19. Total paid by insurance company 20. Total paid by individual causing accident: 288 BUSINESS MATH USING EXCE

Explanation / Answer

As per rules I am supposed tro answer only the first 4 sub-questions. However I will answer all sub parts of Q17 for you. The monthly premium is computed by dividing annual premium by 12. Of this $100 is payable by employer so, premium payable by employee= Monthly premium-100. Family premium = Monthly premium payable by employee+80

Accordingly the chart is presented below

Annual premium Monthly premium Monthly premium payable by employee Family premium payable by employee 1500.00 125.00 25.00 105.00 1250.00 104.17 4.17 84.17 990.00 82.50 -17.50 62.50 1900.00 158.33 58.33 138.33 2400.00 200.00 100.00 180.00 1875.00 156.25 56.25 136.25 1210.00 100.83 0.83 80.83 1050.00 87.50 -12.50 67.50

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---