This topic contains a solution. Click here to go to the answer

Author Question: A small business owner uses an Excel spreadsheet to calculate the costs of various health insurance ... (Read 100 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
A small business owner uses an Excel spreadsheet to calculate the costs of various health insurance options for her employees. The individual annual premium is in cell B5. The employers monthly contribution is in Cell D9 and the monthly cost of the family option is in cell B6. Which multimath formula should be entered in Cell E9 to calculate the monthly premium for an employee who selects the individual-only healthcare?
 A) =(B5/12)+B6
  B) =(B5/12)-D9
  C) =B5-D9
  D) =B5+B6-D9

Question 2

A barbershop suffers 65,000 in fire damage. The shop is insured for 145,000 and has a value of 225,000. There is an 80 coinsurance fire policy. How much will the insurance company pay?
 A) 225,000
  B) 145,000
  C) 65,000
  D) 52,650



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nguyenhoanhat

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

B

Answer to Question 2

D




V@ndy87

  • Member
  • Posts: 571
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

For a complete list of videos, visit our video library