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Olenka [21]
1 year ago
14

What are the types of outsurance company

Business
1 answer:
BARSIC [14]1 year ago
7 0

The main type of Insurance company includes:

  • General insurance company
  • Life insurance company
  • Reinsurance company

<h3>What is the role of Insurance company?</h3>

These are financial institution that provide insurance covers to intending policyholders.

Therefore, the main type of Insurance company includes general insurance company, Life insurance company and Reinsurance company.

Read more about Insurance company

<em>brainly.com/question/13641753</em>

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Jeff, a local traffic​ engineer, has designed a new pedestrian foot bridge that is capable of handling the current traffic rate
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Answer:

a. How long will the current bridge system work before a new bracing system is​ required?: 64.18 years or 64 years and 2 months.

b. What if the annual traffic rate increases at 8 ​% ​annually: The bracing system will last for 24.65 years or 24 years and 7 months.

c. At what traffic increase rate will the current system last only 12 ​years: 17.13%

Explanation:

a. Denote x is the time taken for the number of pedestrian to grow from 300 to 2000. The current pedestrian is 300, the grow rate per year is 3% or 1.03 times a year. Thus, to reach 2,000, we have the equation: 300 x 1.03^x = 2000. Show the equate, we have 1.03^x = 6.67 <=> x = 64.18

b.  Denote x is the time taken for the number of pedestrian to grow from 300 to 2000. The current pedestrian is 300, the grow rate per year is 8% or 1.08 times a year. Thus, to reach 2,000, we have the equation: 300 x 1.08^x = 2000. Show the equate, we have 1.08^x = 6.67 <=> x = 24.65.

c. Denote x as traffic increase rate. The current pedestrian is 300, the grow rate per year is (1+x) times a year. Thus, to reach 2,000 after 12 years and thus a new bracing system to be in place, we have the equation: 300 x (1+x)^12 = 2000. Show the equate, we have (1+x)^12 = 6.67 <=> 1+x = 1.1713 <=> x = 17.13%.

8 0
3 years ago
Whitmer Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.07 direct labo
professor190 [17]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Each unit of output requires 0.07 direct labor-hours. The direct labor rate is $8.70 per direct labor-hour. The production budget calls for producing 6,000 units in February and 6,500 units in March.

We need to determine the total direct labor hours needed for each month.

February:

Total direct labor hours= 6,000*0.07= 420 hours

Total direct labor costs= 420*8.7= $3,654

March:

Total direct labor hours= 6,500*0.07= 455 hours

Total direct labor costs= 455*8.7= $3,958.5

7 0
2 years ago
A new Accenture client is looking for a platform that will help them in hiring for critical roles and decreasing attrition. Whic
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SynOps

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The Accenture SynOps client may be described as a tools which leverages the combined capability of humans and machines by taking advantage of insights generated from data in an Artifical intelligent powered programs in other or deliver on smart and intelligent Decisons. The collaborative effort or humans, in this case human resource professionals and Artifical intelligence which has been developed within the SynOps Accenture client, will enable the client to make intelligent calls or Decisons from data made available to ensure that the best candidates are selected.

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You have arranged for a loan on your new car that will require the first payment today. the loan is for $32,000, and the monthly
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Changes in inventories are included as part of investment spending because multiple choice 1 anything produced by a business tha
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Answer:

A)Changes in inventories are included as part of investment spending because anything produced by a business that has Anything produced by a business that has not been sold during the accounting period is something in which the business has invested

B)If inventories declined by $1 billion during 2012, then $1 billion would be subtracted from both gross private domestic investment and gross domestic product.

Explanation:

A) All inventories that Businesses could have is expected to be utilized by the business. Example of this is that Iron sheet that a business could use in making new Factory building or a pack of toiletries in the shelf in supermarket are both asset as regards to the business and they are things that are been invested by the business.

B)Declination in inventories symbolize that produced goods in previous years has been used up in production of current year. In the case that that the stated $1 billion is not deducted, then there would be need to count the produced goods that was produced in previous year as been produced in 2022

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