b. 5%
c. 7%
d. 3%
2. Cash
3. capital
4. drawing
indirect tax
proportional tax
direct tax
Answer:
It is a type of indirect tax
Explanation:
Answer:
Financial planning is Option b: An ongoing process.
Explanation:
Financial planning refers to the process of setting goals, assessing financial resources, and creating a plan to achieve those goals. It involves various activities such as budgeting, saving, investing, and managing risks. Financial planning is not a one-time event but rather an ongoing process that requires regular review and adjustments to ensure that the plan remains aligned with changing circumstances and goals.
By continuously monitoring and updating the financial plan, individuals can make informed decisions about their finances and work towards achieving their short-term and long-term objectives. This ongoing process helps individuals adapt to changes in their personal circumstances, financial markets, and economic conditions.
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Answer:
Marybeth Adamson's recent health care costs include a $125 co-payment and a hospital bill of $750. Her insurance has a $200 deductible and covers 100 percent of all hospital charges.
To determine the amount Marybeth paid, we can follow these steps:
1. Subtract the deductible from the total hospital bill: $750 - $200 = $550. This is the amount that Marybeth's insurance will cover.
2. Add the co-payment to the amount Marybeth's insurance will cover: $550 + $125 = $675. This is the total amount that Marybeth's insurance will cover, including the co-payment.
3. Finally, subtract the total amount covered by insurance from the total cost: $750 - $675 = $75. This is the amount Marybeth paid.
Therefore, Marybeth paid $75 for her recent health care costs.
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