instruction:
The task is to generate the correct answer for a given math problem.
question:
Problem: a family pays $ 800 per year for an insurance plan that pays 70 percent of the first $ 1,000 in expenses and 100 percent of all medical expenses thereafter . in any given year , the total amount paid by the family will equal the amount paid by the plan when the family ' s medical expenses total how much ?
answer:
$ 1,400


question:
Problem: a student committee on academic integrity has 132 ways to select a president and vice president from a group of candidates . the same person can not be both president and vice president . how many candidates are there ?
answer:
1


question:
Problem: a sum of 11,500 amounts to 13,500 in 5 years at the rate of simple interest . what is the rate of interest ?
answer:

3 %