Refer to the Prescription Drug table on page 4 in the sample Health Benefits Form. John is covered under the Standard Plan and plans to purchase his prescription drugs from an in-network pharmacy. All of the following are true, EXCEPT… * For a 30-day supply purchased at retail, the generic version of the prescription drug is $40 cheaper than the preferred brand.
If John is looking for the lowest cost for his prescription drugs, he should purchase from mail order.
The cost of a three month supply of generic prescription drugs purchased at retail would be $50.
If John chose the Economy Plan, there would be no difference in the price of the generic version of prescription drugs.

Verizon communications, inc., provides the following footnote relating to its leasing activities in its 10-k report. the aggregate minimum rental commitments under noncancelable leases for the periods shown at december 31, 2010, are as follows: years (dollars in millions) capital leases operatingleases 2011 $97 $1,898 2012 74 1,720 2013 70 1,471 2014 54 1,255 2015 42 1,012 thereafter 81 5,277 total minimum 418 $ 12,633 rental commitments less interest and (86) executory costs present value of 332 minimum lease payments less current (75) installments long-term obligation $257 at december 31, 2010 (a) confirm that verizon capitalized its capital leases using a rate of 7.4 %. (b) compute the present value of verizon's operating leases, assuming an 7.4% discount rate and rounding the remaining lease term to 3 decimal places. (use a financial calculator or excel to compute. do not round until your final answers. round each answer to the nearest whole number.)