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Sati [7]
3 years ago
15

Eleanor paid an annual premium of $2,000 in total coverage for her homeowner's insurance, including $250,000 in damage coverage

and $250,000 in liability coverage. Six years into her policy, a tree fell on Eleanor's home and caused $40,000 worth of damage. Eleanor's insurance company paid the claim. Did the cost of the benefit of transferring the risk to the insurance company outweigh the cost of the premium? (5 points)
Business
1 answer:
erastovalidia [21]3 years ago
3 0

Answer:

Yes, the benefit of transferring the risk to the insurance company did outweigh the cost of paying insurance premiums.

During six years Eleanor paid $2,000 per year in insurance premium, totaling $12,000. After the tree damaged Eleanor's house, the cost of the repairs was $40,000, which is much higher than $12,000.

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The average of all prices in the economy is the
Kobotan [32]

Answer:

Price level

Explanation:

8 0
3 years ago
Amazon stock prices gave a realized return of 6​%, negative 6​%, 9​%, and negative 9​% over four successive quarters. What is th
Anvisha [2.4K]

Answer:

-1.167%

Explanation:

The current value of the stock is given by applying all of the realized returns to the initial purchase price. Let 'A' be the initial price, the price at the end of the year is:

P = A*(1+0.06)*(1+0.09)*(1-0.06)*(1-0.09)\\P=0.9883A

At the end of the year, the stock had a price of 0.9883 times the initial price, the annual realizes return was:

r=(0.9883 - 1)*100\%\\r= -1.167\%

Annual realized return was  -1.167%.

8 0
3 years ago
Explain how you can use the knowledge of subject matter experts and your peers to enhance your learning in workplace
lozanna [386]

Explanation:

Remember, a workplace is an environment not just working but for learning.

<em>For example</em>, subject matter experts (SMEs) are individuals inn a workplace who has special skills or experience on a particular job or topic. So, they can provide necessary assistance through this common methods

  • oral instructions
  • written instructions
  • video based instructions

A persons's peers can also assist with information to do one's job using the above methods.

7 0
4 years ago
A meat-packing company discovers that six months ago it unknowingly distributed meat froma humans consuming the meat however som
ratelena [41]

Answer:

The correct answer is letter "E": identity the issues raised by the situation.

Explanation:

In front of a situation where the consequences are still unknown, an organization must track the places where the cause of the possible problem -in this case, the cloned cow meat- to find out if there are claims raised in those places. If so, the company must contact the individuals involved in the complaints and verify if the problem could have been created because of their fault. If that happened the casualties must be reduced to the minimum to avoid the company getting a bad image in the market that potentially could lead to lawsuits and losses.

6 0
4 years ago
Assume you have an AMEX card which pays a 2% cash rebate on all purchases, and a VISA card which pays a 1% cash rebate on all pu
Fiesta28 [93]

Answer:

The gas at station A is $0.02 per gallon more expensive

Explanation:

Data provided in the question:

Cash rebate provided by the AMEX card = 2%

Cash rebate provided by the VISA card = 1%

Price of the gas = $2.00 per gallon

Now,

Amount of rebate provided by the AMEX card per gallon = 2% of $2.00

= 0.02 × 2.00

= $0.04

Amount of rebate provided by the VISA card per gallon = 1% of $2.00

= 0.01 × 2.00

= $0.02

Since station A does not accept AMEX card

Therefore, VISA card will be used at station A

Thus,

Rebate at station A =  $0.02

And rebate at station B = $0.04

Difference in rebate = $0.04 - $0.02

= $0.02

Hence,

The gas at station A is $0.02 per gallon more expensive

8 0
4 years ago
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