Answer: a. Only one policy will pay, the premiums for the other contracts will be returned.
Explanation:
When there are multiple insurance contracts from the same insurer and these contracts have a ''Other Insurance With This Insurer'' provision, it means that in cases where the insured wants to claim, they can choose whichever of the policies they want and that one will pay out but they cannot pick them all.
The premiums paid on the other contracts/s will be returned to the insured because it represents excess coverage.
Answer:
it depends on the business
Explanation:
when the business is small there will be less department but if the business is big then there will be more department
Based on the fact that Jacqueline had to spend time to research before she made her decision, she is most likely an<u> early majority.</u>
<h3>Who are the early majority?</h3>
These are people who buy a good around the same time as most people but not too log after a product has been released.
They tend to embark on a lot of research before they make a decision which is what Jacqueline is doing.
Find out more on the early majority at brainly.com/question/15858673.
#SPJ1
Answer:
C. $1,000
Explanation:
The computation amount is shown below:-
Interest rate per period = Interest rate per annum ÷ Number of compounding per annum
= $8.00 ÷ 1
= 8%
Number of periods = Number of years × Number of compounding per annum
= 21 × 1
= 21
Present value = Future value × (1 ÷ (1 + rate of interest)^number of years)
= $5033.83 × (1 ÷ (1 + 8%)^21)
= $5033.83 × (1 ÷ (1.08)^21
= $5033.83 × (1 ÷ 5.033833715
)
= $5033.83 × 0.198655748
= 0.999999262
= $1,000
Therefore for computing the present value we simply applied the above formula.
