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3 years ago

What is the relationship between insurance and successful financial management? Why is insurance important?

2 answers:

4 0

Insurance is important because you are insuring items or things that mean something to you, or to protect others,insurance can help in case any accidents happen and you <span>couldn’t get that item back.</span>

harkovskaia [24]3 years ago

3 0

Successful financial management is the proper use of your money to maximize your income, whether in the financial market or a productive investment such as a trade or factory. Efficient financial management also consists of emergency planning and protection against unexpected situations that could put your assets at risk. Like for example a fire. It is in this sense that insurance is important. Insurance is a contract you make with an insurer to protect your assets if that event occur. For example, if you take out fire insurance, if a fire occurs in your home or business, the insurer will reward what you have lost financially, according to the terms of the contract.

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Are you a people person? Do you like to join clubs, help others, give instructions, influence decisions, or plan social events?

Montano1993 [528]

Answer:

Yes I do.

Explanation:

1. Serve others.

2. Plan a community bazar to gain founds and donate them to local foundations with social objetives.

3. Organize a cinema at park festival for help vulnerable population to enjoy and recreate different activities that they normally don't have access to.

4. Go to a geriatric and plan some activities like chess contest, dance and teather to help them to feel distracted of the loneliness for a while at least one a week.

5. Go to visit to somebody and prepared some cookies, talk to that person, listen to and enjoy of a great chat.

6. Paste some motivational notes in random places. (subway, restaurants, public bathrooms).

8 0

3 years ago

An insurance company is analyzing the following three bonds, each with five years to maturity, annual interest payments, and is

Andrej [43]

Here's the complete question:

An insurance company is analyzing the following three bonds, each with five years to maturity, and is using duration as its measure of interest rate risk:

a. $10,000 par value, coupon rate = 8%, rb = 0.10

b. $10,000 par value, coupon rate = 10%, rb = 0.10

c. $10,000 par value, coupon rate = 12%, rb = 0.10

What is the duration of each of the three bonds?

a. Duration on 8% coupon bond = 4.28 years

Year 1 ,2,3,4,5

CFs 800,800,800,800,10800

DCFs 727.27, 661.2, 601.05, 546.41 6705.95

PV=9241.84

Duration = <DCFs/PV

(7271+661.22+601.053+546.414+6705.95*5)/9241.84

=39568.1/9241.84

=4.2814

b. Duration on 10% coupon bond = 4.17 yearsc.

c. Duration on 12% coupon bond = 4.07 years

7 0

2 years ago

Read 2 more answers

Suppose there is a product that is being sold in a perfectly competitive market. If the market price of the product falls, prod

yuradex [85]

Answer:

Decrease; Less

Explanation:

The producer surplus is the difference between the minimum price that a producer is willing to accept for a product and the price he actually receives.

When the market price of a product falls, the producer surplus will decrease as well.

The lower market price implies that there will be less area between the supply curve and the market price of the product.

3 0

2 years ago

Lucy has just finished washing her car and is now checking its oil level. The oil dipstick shows her car’s oil is below the "Low

dlinn [17]

Answer:

recognition phase

Explanation:

There are 5 phases in the consumer decision-making process:

recognition: the customer realizes that he/she has an unsatisfied need or problem that must be satisfied or solved. In this case, Lucy realized that her car needs more oil and she has to purchase some.
information search
evaluations of alternatives
purchase
evaluation of decision

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2 years ago

Varying states of awareness are best monitored using ____, which provides an overall measure of brain activity.

svetoff [14.1K]

The answer is <span> electroencephalogram (ECG).</span>

6 0

3 years ago