An insurance company pays claims for bills from a physical therapist as follows: They take the actual bill, reduce it by 10% and then they pay 35% of the remaining amount. According to this policy, what percent of the original claim do they actually pay? The original claim they actually pay is %. If necessary, round to the nearest tenth of a percent.
An insurance company pays claims for bills from a physical therapist as follows: They take the actual bill, reduce it by 10% and then they pay 35% of the remaining amount. According to this policy, what percent of the original claim do they actually pay? The original claim they actually pay is %. If necessary, round to the nearest tenth of a percent.
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
Related questions
Question
Transcribed Image Text:An insurance company pays claims for bills from a physical therapist as follows: They take the
actual bill, reduce it by 10% and then they pay 35% of the remaining amount. According to this
policy, what percent of the original claim do they actually pay?
The original claim they actually pay is
%.
If necessary, round to the nearest tenth of a percent.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Recommended textbooks for you