Answer:
an arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium.
"many new borrowers take out insurance against unemployment or sickness"
Answer:
hi you seem like a really nice persen sorry
Explanation:
Answer:
PV= $31,794.12
Explanation:
Giving the following information:
Monthly payment= $600
Number of months= 5*12= 60 months
Interest rate= 0.05/12= 0.004167
<u>To calculate the present value of the monthly payments, we need to use the following formula:</u>
PV= A*{(1/i) - 1/[i*(1 + i)^n]}
A= monthly payments
PV= 600*{(1/0.004167) - 1/ [0.004167*(1.004167^60)]}
PV= $31,794.12
Answer:
A company comparison should not be made with industry averages if the company does not clearly fit into any one industry.
Explanation:
In Business management, it is important to note that many companies will not clearly fit into any one industry.
Hence, when using industry averages, it is often necessary to use an industry that the firm best fits rather than randomly picking up any industry. Additionally, the analysis of an organization's financial statements would be more meaningful if the results are compared with industry averages and with results of competitors.
Any financial service sought after, should use its best judgment by analyzing and identifying which industry the firm best fits.
Answer:
I hope I am answering correctly based on your question but if you are asking what two numbers you add together to equal 30. The answer is 15+15. etc.
