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2 years ago

There are several ways to file pending insurance claims. what is the best way to file so that timely follow-up can be made?

1 answer:

6 0

<span>The best way to file an insurance claim, so that it can be processed in a timely manner, is to file the claim using the insurance companies mobile app . Most insurance companies allow you to submit claims, photos of damage, photos of the other parties insurance cards, damage repair estimates, and more right from your phone.</span>

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A new car sells for $25,000. The value of the car decreases by 15% each year. What is the approximate value of the car 5 years a

Rama09 [41]

Depreciation is an accounting method for allocating the cost of a tangible or physical asset over its <u>usable life</u>. Depreciation is a term used to describe<u> how much</u> of an asset's worth has been used.

<h2>Given:</h2>

Initial value of the Car = 25,000

Depreciation of the Car= 15% per annum based on net book value

<h3>The computation:
</h3>

Note: t = Number of years

$\text{Net book value} = 25,000 (1 - 0.15)^t$

$NBV = 25,000 (0.85)^5\\\

NBV = 25,000 (0.4437)\\\

NBV = 11,092.50


$

As a result, the car's approximate value 5 years after purchase is 11,092.50.

For more information about computing sum, refer below:

brainly.com/question/1373966

7 0

2 years ago

Economists define potential income as the level of income that: Group of answer choices an economy is capable of producing witho

andrey2020 [161]

Answer:

an economy is capable of sustaining or producing without generating higher inflation.

Explanation:

In simple words, potential economy refers to that level of output or GDP that an economy can produce and sustain over along term with its given level of inflation and resources available.

Potential income has to be maintained over a long term and is based on the assumption that all of the resources available, whether human or natural, will be utilized as according to their maximum utility power.

6 0

3 years ago

In two or three sentences, describe how you would use some of the budgeting tools to help manage your money.

Bas_tet [7]

Answer:

Budgeting tools provide notifications and reminders to help us keep track of our spending and savings.

Explanation:

We may use a budgeting program to keep track of how much we spend. Budgeting tools can assist us in reducing undesirable and unneeded spending. It can also help us be more disciplined with our spending and save more money. We may set up notifications or reminders to help us keep track of our spending.

5 0

1 year ago

in a class of p student the average mark is n and in another class of q student the average mark is n. calculate the average mar

lesantik [10]

Answer: The average mark is n.

Explanation: The average mark is a average of averages. The average mark of class of p student is n, and q student is n, so n+n/2= 2n/2=n.

4 0

2 years ago

At its current output level, Pretty Flowers Florist has average fixed costs equal to $5.40 and average variable costs equal to $

lapo4ka [179]

Answer:

The correct option is D: $8.60

Explanation:

Average fixed cost of Pretty Flowers = $5.40

Average variable costs of Pretty Flowers = $3.20

We are asked to calculate the Average total cost of Pretty Flowers at this current level

Hence:

Average total cost Pretty Flowers = Average fixed cost of Pretty Flowers + Average variable costs of Pretty Flowers

If we substitute the value of these variables in the equation, we get:

Average total cost Pretty Flowers = $5.40 + $3.20 = $8.60

3 0

3 years ago

Read 2 more answers