Karina bought a townhouse for $199,900. she has a 30 year mortgage with a fixed rate of 5.5%. karina’s monthly payments are $998.08. what percent of the purchase price was karina’s down payment? a. 7% b. 12% c. 15% d. 18% please select the best answer from the choices provided a b c d
Answers
Karina put down 12% of the purchase price as her down payment. In real estate transactions and other significant purchases, a down payment is the cash that the buyer pays upfront.
What are loan and mortgage?Any financial transaction in which one party receives a lump sum and agrees to repay it is referred to as a "loan." A loan used to finance real estate is called a mortgage. Loans that are "secured" are mortgages.
One of the most common consumer loans offered by commercial banks is a mortgage loan. This loan lets a buyer buy a house without having to spend a lot of money right now, so they could apply for it.
Instead, lenders will expect monthly payments to be made within a certain time frame.
Down payment: purchase price x 15% = $188,900 x 15% = $28,335
Loan: purchase price minus down payment
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Related Questions
if nicolai earns an 7 percent after-tax rate of return, $12,500 today would be worth how much to nicolai in five years? use
Answers
If Nicolai earns a 7 percent after-tax rate of return, $12,500 today would be worth $17,588.75 to Nicolai in five years.
Step-by-step explanation:
Nicolai's after-tax rate of return is 7%.
The present value of $12,500 is PV = $12,500.
Nicolai wants to know the future value (FV) of $12,500 in five years.
The formula to calculate future value is: FV = PV * (1 + r)n where:
FV = future value
PV = present value
r = rate of return
n = number of years
Using the formula: FV = $12,500 * (1 + 0.07)5
FV = $12,500 * 1.4071
FV = $17,588.75
The future value of $12,500 in five years at a 7% after-tax rate of return is $17,588.75.
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Workplace technology is relied upon by businesses to increase
O A. Employee turnover
O B. Philanthropy
O C. Efficiency and effectiveness
O D. Malfunction and futility
Answers
Answer:
C
Explanation:
Workplace Technology focues on maximizing effency to increase profit margines
Hope this helps you!
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Lucky Laundry reported assets of $950 and equity of $580. What is Lucky's debt ratio?
Answers
Answer:
0.3894
Explanation:
Debt Ratio = Total Debts/Total Assets
We will find the amount of Debt since amount of total assets is given
Assets = Liabilities + Equity
$950 = L + $580
L = $950 - $580
L = $370
Now lets find the Debt ratio
Debt Ratio = Total Debts/Total Assets
= $370/$950
= 0.3894
which of the following is a correct statement about the labor market? a. workers determine the supply of labor, and firms determine the demand for labor. b. workers determine the demand for labor, and firms determine the supply of labor. c. workers determine the supply of labor, and government determines the demand for labor.
Answers
The correct statement about the labor market is: Workers determine the supply of labor, and firms determine the demand for labor. The correct option is A.
In this scenario, the supply of labor is determined by workers who are willing and able to offer their services for employment, while the demand for labor is determined by firms or businesses that require workers to perform tasks and produce goods or services.
The interaction between the supply and demand for labor in the market ultimately influences factors such as wages, employment opportunities, and job satisfaction. As both workers and firms respond to changing economic conditions, the labor market continuously evolves to balance supply and demand, maintaining a dynamic equilibrium in the employment landscape. The correct option is A.
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Complete question:
which of the following is a correct statement about the labor market?
a. workers determine the supply of labor, and firms determine the demand for labor.
b. workers determine the demand for labor, and firms determine the supply of labor.
c. workers determine the supply of labor, and government determines the demand for labor.
Research shows that structure has a more important influence on strategy than the reverse and hence the emphasis of the chapter on the subject of structure, true or false?
Answers
Research shows that structure influences strategy further than vice versa, hence the chapter's emphasis on structure. It's false.
Research involves collecting, organizing, and assaying substantiation to more understand a content, with an emphasis on reviewing sources of bias and error.
exploration is important because it helps us understand how effects work. In addition, it develops colorful scientific fields similar as biology, chemistry, psychology, drug and other fields.
In addition, scientific exploration helps to break being and unborn problems. The Results( also occasionally called Findings) section in an empirical exploration paper describes what the experimenter( s) set up when they anatomized their data.
Its primary purpose is to use the data collected to answer the exploration question( s) posed in the preface, indeed if the findings challenge the thesis.
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What do we call a business that focused on building products that meet consumers' needs?
Answers
Answer: Market oriented business
Explanation:
Market orientation refers to the business philosophy whereby companies identifies the needs of their customers and make products that meet such needs or wants.
A business that's using market orientation will research the current trends in the market and make products that meet them. Strong brands use market orientation approach to meet customers needs.
The category of complainers called irates has a very optimistic sense of the potential positive consequences of all types of complaining. true false
Answers
The category of complainers called irates has a very optimistic sense of the potential positive consequences of all types of complaining. False.
what is optimist character like?
Optimists don't ignore troubles or fake lifestyles is best. They simply select to cognizance on what's properly approximately a scenario and what they can do to make things higher. Optimists have true self belief due to the fact they may be organized: They understand they need to study in the event that they need to ace a hard take a look at.
Does optimistic suggest nice?
The dictionary definition of optimistic is 'hopefulness and self belief approximately the destiny or the success of some thing' whilst positivity is 'the exercise of being, or tendency to be advantageous or positive in mindset.
Is being optimistic a strength?
Optimistic is a hopeful, superb outlook on the destiny, yourself, and the arena round you. it's miles a key part of resilience, the internal electricity that enables you get thru difficult times. by means of definition, optimism facilitates you spot, feel, and suppose definitely.
what is the other of optimist?
Antonyms & near Antonyms for optimist. cynic, defeatist, pessimist.
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4. In your progress report, you want the Work Completed section to follow your
Summary of Costs. To date, the company has rewritten the home page content,
created a new logo, and updated the overall structure of the site. Currently, an idea
for site navigation has been proposed but not yet confirmed. You want to include a
visual of the navigation option in the progress report.
a. The navigation option includes these links from the Home Page: About, Services,
Customer Reviews, and Contact. The About section would include links to History
and Our Mission; the Services section would also include links to Pricing, Scope, and
Timeline. Show an example of a simple, custom graphic to display the navigation. (3
points)
Answers
Links to About, Services, Customer Reviews, and Contact are included in the suggested navigation option, along with dropdown menus for About (History and Our Purpose) and Services (Pricing, Scope, and Timeline).
What type of bar chart is most popular?When showing a sequence of statistics over time, it is highly helpful. If long labels are needed, vertical bar graphs have the drawback of not leaving much room at the bottom of the chart.
Which bar charts are frequently employed to display time series data?Using a sequence of bars, time series bar charts can display changes in a metric over time. This allows you to plot several series, display the breakdown of a metric across dimensions, and display the evolution of the values over time.
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To buy a product, customers in a market must first
Answers
To buy a product, customers must first have the need for the product.
Customers cannot just simply buy anything or everything when it comes to products. People love shopping but money is a very useful and powerful resource and customers understand it well, so they don't want to spend it on useless things.
Firstly, there should be a need or a desire to buy a particular product. After that the customer decides his or her budget or the money he would like to spend on that product. If it crosses his or her budget, then the customer may not able to buy the product.
Lastly, there should be willingness to buy the product. Nowadays, we get impressed by big brands, malls and stores giving us immense discounts for even our daily needs. That is how knowingly or unknowingly, we tend to shop more.
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A potential customer wants to find out how blockchain can benefit their company and why they should use accenture’s multi-party systems practice. which factor describes the value of using accenture’s multi-party systems practice?
Answers
A business can increase its effectiveness, transparency, and trustworthiness by utilizing Accenture's Multi-party Systems practice.
With the aid of Accenture's Multi-party Systems approach, a firm can improve its efficiency, transparency, and cost structure. The concept can help firms streamline their processes, improve staff communication and collaboration, and find innovative ways to cut costs. The procedure also has the potential to help firms improve their ability to safely share information among themselves and reduce their reliance on paper records.The main aspect of Accenture's Multi-party Systems practice's value is its capacity to help companies increase their effectiveness, transparency, and trustworthiness. The concept can help firms streamline their processes, improve staff communication and collaboration, and find innovative ways to cut costs. The procedure also has the potential to help firms improve their ability to safely share information among themselves and reduce their reliance on paper records. These benefits may save costs for enterprises while also raising customer satisfaction levels.Using Accenture's Multi-party Systems approach can aid a company's efforts to increase its effectiveness, transparency, and dependability. The firm may be able to cut costs as a result of these benefits, and client satisfaction may also rise.Learn more about Accenture's Multi-party, here
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For an explanation of behavior to have predictive utility it must
A. Account for a substantial quantity of behavior
B. Be testable
C. Provide the simplest explanation
D. Provide reliable answers about what people are likely to do under certain circumstances
Answers
For an explanation of behavior to have predictive utility, it must meet several criteria. First, it must account for a substantial quantity of behavior. This means that the explanation must be applicable to a wide range of situations and individuals. Second, it must be testable.
This means that the explanation must be capable of being tested and falsified through empirical research. Third, it must provide the simplest explanation. This means that the explanation should be parsimonious, or the simplest possible explanation that can account for the behavior in question. Finally, it must provide reliable answers about what people are likely to do under certain circumstances.
This means that the explanation should be able to predict behavior accurately and consistently in a variety of situations. By meeting these criteria, an explanation of behavior can have predictive utility, which is essential for understanding and predicting human behavior in a wide range of contexts.
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Caleb will be going to college next year. He would like to save some money for living expenses. Select the goal that would be the most helpful for him.
Answers
Answer:
save 100$ each check.
Explanation:
The primary goal of the marketing research process is to provide decision makers with knowledge that will help them solve problems or pursue opportunities.
a. true
b. false
Answers
The statement that "the primary goal of the marketing research process is to provide decision-makers with knowledge for problem-solving is:
A. True
What is marketing research?Marketing research refers to the series of inquiries that entrepreneurs must make to understand their customers and the approaches that will make them disposed to purchase their products. There are about five key steps to follow in this research process.
When all findings have been made, the last step of this marketing research process will be geared at helping the researcher evaluate the outcomes of the results and apply necessary controls at the appropriate ends.
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When writing a business plan, it
is important to think about the competition. Think of a
product or service you use often. What are the advantages it
has over competing products?
Answers
Say you are developing a phone, what features does it have over Apple? Let’s say Apple released a new feature, the greatest touch screen by average standards, so how can you top that? You can’t cause it’s the “greatest” by average standards
What is a best practice to follow when sending instant messages at work?
A.
Message your coworkers whenever it’s convenient for you.
B.
Whenever possible, use abbreviations to save time.
C.
Use instant messages for personal conversations, such as making dinner plans.
D.
Keep your messages brief and work-related because the recipients may be busy.
Answers
If I'm correct, the answer should be D.
It's the most likely answer.
what is the minimum number of activities of daily living an insured must be unable to perform to qualify for long term care benefits
Answers
Frequently, in order to be eligible for long-term home insurance benefits, a person must have been unable to complete at least two ADLs.
What are the names for employment benefits?Worker benefits are also referred to as perks or perks. Employees receive this money in addition to their monthly wage and earnings. Some common perks offered to employees are health coverage, company stock, and medical insurance. These are examples of compensation and benefits.
What is a sentence that is beneficial?An illustration of a benefit statement If you think you'll benefit, you probably will. I'll give her this same benefit of doubt since she traveled all the road to the river. One benefit of carpooling is that you can bypass the traffic by using the express lanes.
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Aden is a small engine mechanic who earns a regular hourly rate of $15.68. For overtime, he earns time and a half on Saturdays and double time on Sundays. This week he worked his regular 40 hours plus 8 hours on Saturday and 7 hours on Sunday. What’s his total pay?
Answers
Answer:
$1,034.88
Explanation:
Aden total pay will be
regular hours worked x regular pay
=40 hrs x $15.68
=$627.2
Overtime hours
Saturday rate :$15.68 x 1.5 =$23.52
Hours worked on Saturday= 8 hrs
Saturday pay = $15.68 x 8
=$188.16
Sunday rate : $15.68 x 2= $31.36
Hours worked on Sunday = 7
Sunday pay = $31.36 x 7
=$219.
Total pay =$627.2 + $188.16 +$219.52
=$1,034.88
dratif corporation's working capital is $45,000 and its current liabilities are $128,000. the corporation's current ratio is closest to: multiple choice 1.35 0.35 2.35 0.74
Answers
The ratio between a company's current obligations and its current assets is known as the current ratio. You divide current assets by current liabilities to arrive at the current ratio. So, the closest option is 1.35 for the current ratio. So, the answer is A) 1.35.
To Find the current ratio, we need to divide the current assets by the current liabilities. The current assets are not given, but we can use the working capital and the current liabilities to calculate them. The current assets can be calculated as follows:
Current assets = Working capital + Current liabilities
= $45,000 + $128,000
= $173,000
Now we can calculate the current ratio as:
Current ratio = Current assets / Current liabilities
= $173,000 / $128,000
= 1.35
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evaluate whether locating closer to raw materials is the most important factor when locating a business. if not what other factor/s would be more important
Answers
Answer:
The nature of the major raw material requires to produce the product of the business determines the level of importance attached to locating a business closer to raw materials.
Explanation:
The level of importance attached to locating a business closer to raw materials depends on the nature of the major raw material requires to produce the product of the business.
When the major raw material requires to produce the product of the business is a heavy raw material that cannot be easily transported, locating the business closer to the raw material will be the most important factor.
However, when the major raw material requires to produce the product of the business can be easily be transported, locating the business closer to raw materials will NOT be the most important factor. In this case, some of the other important factors to consider will include proximity to markets; availability of labour; water supply; availability of power, fuel or gas; waste products disposal facility and among others.
Which of the following would be TRUE of both the fixed-period and fixed-amount settlement options?
A - Both guarantee payments for the life of the beneficiary
B - Both guarantee that the principal and interest will be fully paid out.
C - The amount of payments is based on the recipients life expectancy
Answers
Both guarantee that the principal and interest will be fully paid out. The correct answer is option b.
In both the fixed-period and fixed-amount settlement options, the primary objective is to ensure that the principal amount and interest are fully paid out over a specified period. These options provide a structured approach to distribute funds to the beneficiary.
The fixed-period settlement option guarantees payments for a specific duration, regardless of the beneficiary's life expectancy. The payments are made over a predetermined period, which could be a set number of years.
The fixed-amount settlement option, on the other hand, ensures that a specific amount of money is paid out to the beneficiary, regardless of their life expectancy. The payments continue until the total amount is exhausted.
While both options provide a guaranteed payout, they do not guarantee payments for the life of the beneficiary (Option A) or base the amount of payments on the recipient's life expectancy (Option C). These characteristics are more commonly associated with life annuity options.
The correct answer is option b.
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plssss help
what is india’s comparative advantage in global competition?
a. low cost labor
b. access to natural resources
c. production of agricultural commodities
d. open land for building growth
e. innovation and expertise in manufacturing
Answers
India's comparative advantage in the global competition will be "Low-cost labor".
Over the past couple of years, India however has preserved significant competitive advantages throughout the production of medicines as well as a variety of tradeable commodity manufactured goods.Despite the reality that the requirements for becoming a distribution center continuously improving, certain manufacturing investments are expected to somehow be untouched by technology.
Thus the above answer i.e., "option a" is the right answer.
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A technological advance in the production of automobiles will:
a. increase the demand for automobiles
b. increase the supply of automobiles
c. decrease the demand for automobiles
d. decrease the supply of automobiles
Answers
A technological advance in the production of automobiles will b. increase the supply of automobiles
How does a technological advance affect automobile production?A technological advance in the production of automobiles will increase the supply of automobiles. This means that with the introduction of new technologies, such as automated manufacturing processes or more efficient production techniques, car manufacturers will be able to produce vehicles at a higher rate and potentially lower costs.
This increase in supply can lead to a greater availability of automobiles in the market, offering consumers more options and potentially driving down prices. Additionally, advancements in technology may also lead to improvements in the quality and features of automobiles.
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define ecommerce in business with example
Answers
Answer:
See below
Explanation:
eCommerce refers to business transactions conducted via internment. eCommerce is the short form of electronic commerce. It is the selling and buying of products and services through the internet platform. eCommerce includes other commercial transactions conducted online such as online/internet banking, online money transfers, online auctions, ticketing, and payments.
An example of eCommerce is the online retail stores where shoppers pick and select merchandise on the retail store's website and pay online. The retail store then organizes for the items to be delivered to the customer's premises.
Basic Motor Corporation uses target costing. Assume that Basic marketing personnel estimate that the competitive selling price for the QuikCar, in the upcoming model year, will need to be $24,000. Assume further, that the QuikCar's total unit cost for the upcoming model year is estimated to be $19,500, and that Basic requires a 20% profit margin on selling price (which is equivalent to a 25% markup on total cost).
a. What price will Basic establish for the QuikCar, for the upcoming model year?
b. Since the estimated manufacturing cost (exceeds/is less than) the target cost, (may increase/must reduce) its total costs to maintain competitive pricing within its profit objectives.
Answers
Basic will establish a price of $24,000 for the QuikCar in the upcoming model year.
Since the estimated manufacturing cost is less than the target cost, Basic may increase its total costs to maintain competitive pricing within its profit objectives.Basic will set the selling price for the QuikCar at $24,000, which includes a 25% markup on the estimated total unit cost of $19,500. However, if the estimated manufacturing cost is lower than the target cost, Basic has the flexibility to increase its total costs by investing in additional features, improvements, or marketing to maintain competitiveness and achieve its profit objectives. This allows Basic to align the cost structure while ensuring a competitive selling price.
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free 27 points, come on up, and see if u can earn them- i act weird
Answers
Answer:
haha i am wierd too i feel u
Explanation:
Answer:
i shall win them and im wierd also.
Explanation:
While inspecting a Victorian two-story for a refinance, Edgar noticed the couple who owned the home had installed a separate lockable entry door in the front hall and another at the top of the stairs to separate the main
level from the upper level. They had also converted one of the upstairs bedrooms into a kitchen. The couple had obviously converted the upstairs into a separate apartment. Later, Edgar checked the zoning map in his
office and found that the property is zoned single-family
residential. He called the clerk's office and found that no changes had been made to the zoning. The property is:________.
A) not in legal use according to its zoning. Edgar should appraise the home as a single-family dwelling and make functional adjustments for the lockable entrance doors and the upstairs kitchen.
B) conforming to its certificate of occupancy if there is enough square footage to accommodate two apartments regardless of single-family zoning.
C) a part of the towns buffer strip that mixes commercial and residential in order to maintain a higher level of energy conservation.
D) legally nonconforming because even though it never conformed to zoning laws, it could be easily be converted back to single-family.
Answers
The property is not in legal use according to its zoning. Edgar should appraise the home as a single-family dwelling and make functional adjustments for the lockable entrance doors and the upstairs kitchen.
Based on the information provided, it is clear that the property has been modified to create a separate apartment within a single-family residential zoning. However, since no changes have been made to the zoning and the property is still designated as single-family residential, the conversion into a separate apartment is not in compliance with the zoning regulations.
Edgar should appraise the home as a single-family dwelling because that is its designated use according to zoning. He should consider making functional adjustments to account for the presence of the lockable entrance doors and the upstairs kitchen, which are not typical features of a single-family home. By appraising the property as a single-family dwelling, Edgar acknowledges its legal use as per zoning regulations while considering the modifications made by the owners.
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Excel Dry-Cleaning advertises so effectively that Next Day Cleaners's regular customers patronize Excel instead of Next Day. Excel has committed
a. appropriation.
b. wrongful interference with a business relationship.
c. wrongful interference with a contractual relationship.
d. none of the above.
Answers
The correct answer is option b. Excel Dry-Cleaning has committed a wrongful interference with a business relationship.
Wrongful interference with a business relationship occurs when a third party intentionally interferes with the business relationship between two parties, causing harm to one or both parties. In this case, Excel Dry-Cleaning's effective advertising is intentionally causing harm to Next Day Cleaners by diverting their regular customers to Excel.
Wrongful interference with a contractual relationship occurs when a third party intentionally interferes with a contractual relationship between two parties, causing harm to one or both parties. Excel Dry-Cleaning's effective advertising is causing harm to Next Day Cleaners by diverting their regular customers to Excel, which interferes with their business relationship.
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what technique is recommended to help get to the core of the problem a company is facing?
Answers
One technique that is often recommended to help get to the core of a problem a company is facing is root cause analysis.
Root cause analysis is a systematic approach used to identify the underlying causes or factors that contribute to a problem or issue company.
The process typically involves the following steps:
1. Define the problem: Clearly articulate and understand the problem or issue that needs to be addressed.
2. Gather data and facts: Collect relevant data, facts, and information related to the problem. This can involve analyzing reports, conducting interviews, reviewing documentation, and examining processes.
3. Identify potential causes: Brainstorm and generate a list of potential causes that could contribute to the problem. This step involves exploring various possibilities without prematurely focusing on a single cause.
4. Analyze causes: Evaluate and analyze each potential cause to determine its likelihood of contributing to the problem. This can involve using tools such as cause-and-effect diagrams (also known as fishbone or Ishikawa diagrams) to visualize the relationships between causes and effects.
5. Determine the root cause(s): Narrow down the potential causes and identify the underlying root cause(s) that are most likely to be the primary drivers of the problem. This involves eliminating less likely causes and focusing on those that have the highest impact.
6. Develop solutions: Once the root cause(s) have been identified, brainstorm and develop potential solutions or ive actions to address the underlying issues and mitigate the problem.
By using root cause analysis, companies can move beyond addressing symptoms and instead focus on addressing the fundamental causes of problems. This approach helps in developing more effective and targeted solutions, leading to long-term improvement and prevention of recurring issues.
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Qik Fix-It offers Cody a job as a plumber. No time for acceptance is specified in offer. The offer will terminate: Group of answer choices A. This common law offer will expire after a reasonable period of time. B. This UCC offer will expire after a reasonable period of time. C. After atypical work week (five business days) for this common law offer D. This common law offer will expire after a usual month (thirty calendar days). E. Never
Answers
Answer:
A. This common law offer will expire after a reasonable period of time.
Explanation:
Since in the question Cody offered a job from Qik Fix as a plumber but there is no time given for acceptance so the offer would be terminated after a reasonable time period as this represents a common law where the offer would be expire after a reasonable period in the case when the time period is not mentioned
Therefore the correct option is a.
Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) 50 b) $865.94 C) $991.36 d) $1156.36
Answers
Option(A) is the correct answer. Krishna will receive a disability benefit of $660 under the CPP.
To determine the disability benefit that Krishna will receive under the CPP, we need to consider a few factors. First, let's calculate the disability benefit based on the provided information:
The flat-rate disability amount is $496.36 per month.
The maximum monthly disability benefit is $1362.30.
Krishna's entitlement to a CPP retirement benefit is $660 per month.
To calculate the disability benefit, we compare the retirement benefit to the flat-rate disability amount and the maximum monthly disability benefit:
The disability benefit will be the lesser of:
The retirement benefit ($660)The flat-rate disability amount ($496.36) plus the retirement benefit minus the flat-rate disability amount.Let's calculate the disability benefit based on the above formula:
Disability benefit = min(retirement benefit, flat-rate disability amount + retirement benefit - flat-rate disability amount)
= min($660, $496.36 + $660 - $496.36)
= min($660, $660)
= $660
Therefore, Krishna will receive a disability benefit of $660 under the CPP.
Option (a) 50, option (b) $865.94, option (c) $991.36, and option (d) $1156.36 are not correct based on the given information. The correct answer is that Krishna will receive a disability benefit of $660 under the CPP.
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Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) $660 b) $865.94 C) $991.36 d) $1156.36