1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Katyanochek1 [597]
2 years ago
12

Your auto insurance policy has a $200 monthly premium and $700 deductible. What is the maximum amount you will have to pay out-o

f-pocket for a car accident before your insurance covers your costs?
Business
2 answers:
Anvisha [2.4K]2 years ago
7 0
The answer is 700 dollars
xxTIMURxx [149]2 years ago
5 0
Depends on when you have the accident. If it's in the first month it would be $900.00. You pay the monthly premium up front ($200.00) and the deductible ($700.00) is your portion of the payment to fix the car.
You might be interested in
What is the term for the business trend that seeks to simplify and integrate all forms of communication?
Goryan [66]
<span>Unified Communications is the term for the business trend that seeks to simplify and integrate all forms of communication. It's an evolving set of technologies that automate and unify through reduced latency, flow management, and elimination of device and media dependencies.</span>
5 0
3 years ago
Ace Bonding Company purchased merchandise inventory on account. The inventory costs $3,700 and is expected to sell for $6,400. H
snow_lady [41]

Answer:

Ace records the purchase:

Inventory 3,700 Accounts payable 3,700

Explanation:

Ace Bonding Company purchased merchandise inventory on account. The inventory costs $3,700.

Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made. At that time of purchasing, the company has not sold the merchandise yet. The entry records the purchase:

Debit Inventory $3,700

Credit Accounts payable $3,700

7 0
3 years ago
Transportation rates:
nydimaria [60]

Answer:

(B) are established primarily through negotiation.

Explanation:

Transportation rates can be referred to as the cost paid by users for transportation services. They are the negotiated economic cost of moving a traveler or a unit of freight between a specific origin and location. Rates are often visible to the consumers since transport service providers must provide this information to secure transactions.

In transportation, the scale of operations change by:

  1. Adding more vehicles to the fleet
  2. Adding more cars to a train
  3. Increasing the size of vehicles
  4. Operating in a larger network
7 0
3 years ago
You’re a bright, female investment analyst about to give a major presentation to a group of bankers supporting a corporate acqui
Ivanshal [37]

Explanation:

In this case, the ideal is to reject a task that is not mandatory in your contract. The boss's attitude in this situation was somewhat sexist, as it reduced the professional skills of a female investment analyst to having to be liked and serving coffee to bankers, since the professional was there to make a great professional presentation.

These unprofessional attitudes can be combated with an assertive attitude, without the professional feeling cornered by the possibility of suffering reprisals, but it is by maintaining an ethical, professional attitude and imposing respect, that it is possible for such unethical acts to be combated and not accepted any more. formal work environment.

7 0
2 years ago
Suppose that the spot price of the euro is currently $1.30. The 1-year futures price is $1.35. Is the interest rate higher in th
valkas [14]

Answer:

The interest rate is higher in the US.

Explanation:

The forward price is calculated using the following formula,

F= S ( 1+Rd / 1+Rf)^t

where,

  • F = Forward rate
  • S = Spot rate
  • Rd = Nominal interest rate in domestic market
  • Rf = Nominal interest rate in foreign market
  • t = time in years

We consider that the domestic market is the US and the domestic currency is the USD. Thus, it is a direct quote where 1 EUR = 1.3 USD

The forward price ER is more than the Sport ER only when the interest rate in domestic market is more than the interest rate in foreign market and as a result, the value of domestic currency against a foreign currency in the forward market depreciates.

We can see this by the following example,

Say Spot rate is $1.3 per 1 EUR and the interest rate in US is 10% while that in Euro zone is 5%. When we calculate the forward ER we will see that 1 EUR will buy us more USD in forward (more than 1.3 USD)

F= 1.3 * (1.1 / 1.05)^1   => $1.362 PER 1EUR

3 0
3 years ago
Other questions:
  • In long-run equilibrium with trade, losses from import competition will force some firms to ______________, increasing demand fo
    13·1 answer
  • You have an outstanding balance on your credit card of $10,000. You can pay off the balance if you make 36 monthly payments of $
    13·1 answer
  • Why is the demand for professional labor generally high relative to the supply compared to the demand for unskilled or semi skil
    7·2 answers
  • Adventure Holidays sells thousands of tour packages each month through its branches. A branch manager's salary would be a(n) ___
    5·2 answers
  • Gabi is visiting a new city for work and wants to get breakfast before she walks to the office. Since she is unfamiliar with the
    14·1 answer
  • Bricktan Inc. makes three products, basic, classic, and deluxe. The maximum Bricktan can sell is 75,000 units of basic, 420,000
    15·1 answer
  • Which of the following is the best example of an ethical statement?
    11·1 answer
  • Sheen Co. manufacturers laser printers. It has outlined the following overhead cost drivers: Overhead Costs PoolCost DriverOverh
    8·1 answer
  • Based on a predicted level of production and sales of 12,000 units, a company anticipates reporting operating income of $26,000
    12·1 answer
  • 1.Why is GDP / Capita a more accurate way of determining the well-being of a people?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!