$400. He is only responsible for the deductible. His insurance covers up to $10000 in damage
Answer:
The answer is stated below:
Explanation:
Routine business messages are those messages which are positive and help the workers in order to perform or conduct the daily business. The common and usual kind of routine message are making the requests for providing the information, handling the complaints, seeking the dispatch details of the delivery, providing the instructions and the updates the service.
The most routine business message follow the:
- Readers mostly respond in a positively manner to them.
- Convey the straight forward or direct information
- Readers are unlikely to resist.
Bankruptcy. Hope this helps.
Answer:
The correct answer is: non-bank public increases its holdings of currency outside the banking system.
Explanation:
A currency drain refers to the situation where there is an increase in currency held outside the banking system. When the public holds more money outside the banking system, it reduces the total reserves of the banks. The excess reserves get reduced as well.
The currency gets drained from the banking system, so banks can create less money. This causes a reduction in the money supply.
Solving: 420+296 = 716
716/(1-.21) = 906.33
Answer: $906.33
