Answered

Complete the table.

[tex]\[
\begin{tabular}{|c|c|c|c|c|c|c|}
\hline
\begin{tabular}{l}
Deductible \\
Amount
\end{tabular} &
\begin{tabular}{l}
Number of \\
Co-payments \\
at $\$ 10.00$
\end{tabular} &
\begin{tabular}{l}
Amount of \\
the Co-payments
\end{tabular} &
\begin{tabular}{l}
Amount \\
Subject to \\
Co-insurance
\end{tabular} &
\begin{tabular}{l}
Insured \\
Co-insurance \\
Rate
\end{tabular} &
\begin{tabular}{l}
Amount of \\
Co-insurance
\end{tabular} &
\begin{tabular}{l}
Total Paid \\
by Insured
\end{tabular} \\
\hline
\$300 & 25 & a. & \$12,000 & 20\% & b. & c. \\
\hline
\$200 & 40 & a. & \$24,000 & 20\% & b. & c. \\
\hline
\$350 & 52 & a. & \$16,000 & 30\% & b. & c. \\
\hline
\$600 & 32 & a. & \$54,000 & 40\% & b. & c. \\
\hline
\end{tabular}
\][/tex]



Answer :

Let's complete the table step-by-step based on the given solution.

1. Calculate the Amount of the Co-payments:

The amount of the co-payments for each row is calculated by multiplying the number of co-payments by \[tex]$10.00: - For row 2: 25 co-payments \(\times \$[/tex]10.00\) = \[tex]$250 - For row 3: 40 co-payments \(\times \$[/tex]10.00\) = \[tex]$400 - For row 4: 52 co-payments \(\times \$[/tex]10.00\) = \[tex]$520 - For row 5: 32 co-payments \(\times \$[/tex]10.00\) = \[tex]$320 2. Calculate the Amount of Co-insurance: The amount of co-insurance is calculated by multiplying the amount subject to co-insurance by the co-insurance rate: - For row 2: \$[/tex]12,000 [tex]\(\times 20\%\)[/tex] = \[tex]$2,400 - For row 3: \$[/tex]24,000 [tex]\(\times 20\%\)[/tex] = \[tex]$4,800 - For row 4: \$[/tex]16,000 [tex]\(\times 30\%\)[/tex] = \[tex]$4,800 - For row 5: \$[/tex]54,000 [tex]\(\times 40\%\)[/tex] = \[tex]$21,600 3. Calculate the Total Paid by Insured: The total paid by the insured is calculated by summing the deductible amount, the amount of the co-payments, and the amount of co-insurance: - For row 2: \$[/tex]300 + \[tex]$250 + \$[/tex]2,400 = \[tex]$2,950 - For row 3: \$[/tex]200 + \[tex]$400 + \$[/tex]4,800 = \[tex]$5,400 - For row 4: \$[/tex]350 + \[tex]$520 + \$[/tex]4,800 = \[tex]$5,670 - For row 5: \$[/tex]600 + \[tex]$320 + \$[/tex]21,600 = \[tex]$22,520 Here's the completed table: \begin{tabular}{|c|c|c|c|c|c|c|} \hline \begin{tabular}{l} Deductible \\ Amount \end{tabular} & \begin{tabular}{l} Number of \\ Co- \\ payments \\ at $[/tex]\[tex]$10.00$[/tex]
\end{tabular} & \begin{tabular}{l}
Amount of \\
the Co- \\
payments
\end{tabular} & \begin{tabular}{l}
Amount \\
Subject to \\
Co- \\
insurance
\end{tabular} & \begin{tabular}{l}
Insured \\
Co- \\
insurance \\
Rate
\end{tabular} & \begin{tabular}{l}
Amount of \\
Co- \\
insurance
\end{tabular} & \begin{tabular}{l}
Total Paid \\
by Insured
\end{tabular} \\
\hline
\[tex]$300 & 25 & \$[/tex]250 & \[tex]$12,000 & 20\% & \$[/tex]2,400 & \[tex]$2,950 \\ \hline \$[/tex]200 & 40 & \[tex]$400 & \$[/tex]24,000 & 20\% & \[tex]$4,800 & \$[/tex]5,400 \\
\hline
\[tex]$350 & 52 & \$[/tex]520 & \[tex]$16,000 & 30\% & \$[/tex]4,800 & \[tex]$5,670 \\ \hline \$[/tex]600 & 32 & \[tex]$320 & \$[/tex]54,000 & 40\% & \[tex]$21,600 & \$[/tex]22,520 \\
\hline
\end{tabular}

This completes the table with the required calculations.