A low deductible plan is the type of insurance that will require the driver to pay less out of pocket. If a person has a high deductible plan, the out of pocket payment would be a lot higher. A low deductible plan has much higher premiums that must be paid. The high deductible insurance has much lower premiums. After a wreck that is caused by the driver, most insurances will raise the premiums paid. Unless you with an insurance company that accident forgiveness plans. The correct answer to this question is B. Low Deductible Plan.
Answer:
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Answer:
b Design and Pre-Construction
Explanation:
Student Loans is the correct answer
Answer:
Results are below.
Explanation:
Giving the following information:
Initial investment (PV)= $1,000
Number of periods (n)= 1 year
interest rate (i)= 0.02
Withdrawal cost= $20
<u>First, we will determine the future value (FV) of the investment:</u>
FV= PV*(1 + i)^n
FV= 1,000*(1.02^1)
FV= $1,020
<u>Now, how much is left for Bart:</u>
<u></u>
Net amount= 1,020 - 20
Net amount= $1,000