Medical insurance for your family

Assignment Help Financial Management
Reference no: EM131027196

You have medical insurance for your family with a $250 deductible, 20% coinsurance, and $1,500 OOP maximum for each individual and $3,000 family OOP maximum. Calculate your OOP costs if you incur $6,000 in medical costs.

Reference no: EM131027196

Questions Cloud

What is the value x that must be deposited into the account : A father wants to set up a bank acount that will pay his daughter $18,000 at the end-of-quarter (EOQ) 4 and $32,000 at EOQ 8. He will fund this account by making quarterly payments of $x from the present (time zero) through EOQ 7. a) Draw a cash-flow..
What is the bonds yield to maturity : Suppose a ten-year, 1,000 bond with an 8.8% coupon rate and semi annual coupons is trading for 1,034.65. What is the bond's yield to maturity (expressed as an APR with semi annual compounding)? If the bond's yield to maturity changes to 9.5% APR, wha..
Coupon rate and semi annual coupons is trading : Suppose a ten-year, 1,000 bond with an 8.8% coupon rate and semi annual coupons is trading for 1,034.65. What is the bond's yield to maturity (expressed as an APR with semi annual compounding)? If the bond's yield to maturity changes to 9.5% APR, wha..
Standard deviation of returns and expected rate of return : Stock A has an expected rate of return of 12% and a standard deviation of returns of 40%. Stock B has an expected rate of return of 18% and a standard deviation of returns of 60%. The correlation coefficient between the returns of Stock A and Stock B..
Medical insurance for your family : You have medical insurance for your family with a $250 deductible, 20% coinsurance, and $1,500 OOP maximum for each individual and $3,000 family OOP maximum. Calculate your OOP costs if you incur $6,000 in medical costs.
Describe the concept of incremental cash flows : Eureka Bottling Company was established in 1992 by Josie Smith. The company was extremely successful at the beginning of the 21st century, but sales have waned since then. In an attempt to rejuvinate EBC's sales, Ms. Calculate the weighted average co..
What is the percentage price change of these bonds : Bond J has a coupon rate of 5 percent and Bond K has a coupon rate of 11 percent. Both bonds have 18 years to maturity, make semiannual payments, and have a YTM of 8 percent. What if rates suddenly fall by 2 percent instead? If interest rates suddenl..
Project will produce no cash flows for the first two years : EEG, Inc. is considering a new project that will require an initial cash investment of $388,000. The project will produce no cash flows for the first two years. The projected cash flows for years 3 through 7 are $69,000, $88,000, $125,000, $140,000, ..
Cash budget to determine key methods : From the scenario, analyze TFC’s cash budget to determine key methods in which the budget may be optimized (e.g., by renegotiating terms and conditions on some of its payables, etc.). If you believe that there is room for improvement, recommend key s..

Reviews

Write a Review

Financial Management Questions & Answers

  What is the ending inventory at the end of each month

Bambino Sporting Goods makes baseball gloves that are very popular in the spring and early summer season. Units sold are anticipated as follows: March 3,250 April 7,250 May 11,500 June 9,500 total 31,500. What is the ending inventory at the end of ea..

  Business involving the manufacture and sale of new product

Assume you are starting a new business involving the manufacture and sale of a new product. Raw materials costs are $45 per product. Direct labor costs are expected to be $32 per product. You expect to sell each product for $115.

  You have just been hired by the abc corporation to help

you have just been hired by the abc corporation to help them establish a new location in minneapolis mn. you have never

  Retirement to meet your retirement goal

You believe you will spend $40,000 a year for 20 years once you retire in 40 years. If the interest rate is 6% per year, how much must you save each year until retirement to meet your retirement goal?

  Expand production capacity

A manufacturing company is purchasing a new machine for $380,000 to expand its production capacity. It will cost an additional $30,000 to do the site preparation. With the new machine installed, the company expects to increase its revenue by $91,000 ..

  Utilizing past cost and expense ratios

In a period of rising sales, utilizing past cost and expense ratios (percent-of-sales method) when preparing pro forma financial statements will tend to ________.

  What risk capital associated with commercial loan portfolio

What is the risk capital associated with the commercial loan portfolio? What is the difference between economic (or risk) capital and VaR for the commercial portfolio?

  Face value of treasury bond-initial margin requirement

You take a short position in one Chicago Board of Trade Treasury bond futures contract with a face value of $100,000 at the price of 96 6/32 (or 96-6). The face value of a Treasury bond is $100. The initial margin requirement is $2,700, and the maint..

  What is your account equity at this stock price

You short sold 600 shares of stock at a price of $43 and an initial margin of 60 percent. If the maintenance margin is 30 percent, at what share price will you receive a margin call? What is your account equity at this stock price?

  Future value of annuity problem

Future value of annuity problem- You deposit $5,000 into a retirement account at the end of the next 15 years earning 8% interest, what is the future value annuity of your retirement after 15 years? Please show work. I have seen several difference an..

  What is amount of the last dividend paid

Weisbro and Sons common stock sells for $25 a share and pays an annual dividend that increases by 3.3 percent annually. The market rate of return on this stock is 11.00 percent. What is the amount of the last dividend paid by Weisbro and Sons?

  Dr n mohamudally 1200 question 1 normal 0 false false

dr. n. mohamudally 12.00 question 1 normal 0 false false false en-in x-none x-none

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd