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 99 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


tandmlomax84

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

For a complete list of videos, visit our video library