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3 years ago

What happens to the total amount of premium paid for an insurance policy when the payment frequency increases?

Business

1 answer:

Whitepunk [10]3 years ago

5 0

Answer:

C. Increases

Explanation:

When payment frequency increases, it results to lesser amount per payment which will lead to a higher total amount of premium paid. consider this general rule of thumb; the greater the number of payments, the higher the actual premium paid over the course of the year.

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A real estate broker takes an exclusive right to sell listing from a seller for $400,000. A buyer makes an offer for $375,000, w

LuckyWell [14K]

Answer:

Based on this information, the purchase contract is probably Void/Voidable under the Truth in Lending Act (TILA) of 1968 is a United States

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4 years ago

A waitress assumes a group of poorly dressed customers to be ungenerous tippers. She doesn’t pay much attention to them during t

Shtirlitz [24]

Answer:

The correct answer is a self-fulfilling prophecy.

Explanation:

Self-fulfilling prophecy in psychology is a perception bias through which we anticipate facts and their consequences before they occur and with overwhelming assurance. It is completely normal that when we live in any situation, we keep a record in our memory and serve as learning for the future. Throughout our lives we encounter situations that are similar to others that we have already lived and react to them based on that previous experience. Human beings build our reality based on experiences.

The problem comes when we make an anticipation or prediction of things without having any logical or realistic basis to reach a conclusion. How many times have we said that "In the end this will happen, you'll see"? And we do it without any real reason that leads us to be sure that it will be so. That's when we are getting carried away by what is called self-fulfilling prophecy or self-fulfilling prophecy.

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4 years ago

Read 2 more answers

During January, the solar cell factory begins 57,000 solar cells, and completes 53,000 of them. The remaining 4,000 solar cells

pogonyaev

Answer:

"2000 units" is the right solution.

Explanation:

The given values are:

Transferred from WIP,

= 53,000 units

Units sold,

= 61,000 units

Beginning inventory,

= 10000 units

Now,

The total number of finished goods will be:

= $( Beginning \Inventory + Transferred \ from \ WIP - Units \ Sold )$

On substituting the values, we get

= $( 10000 + 53000 - 61000 )$

= $2000 \ Units$

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3 years ago

Outdoor Expo provides guided fishing tours. The company charges $300 per person but offers a 20% discount to parties of four or

Simora [160]

Answer:

May 2 No entry is required as the transaction is yet to happen

May 7 DR Accounts Receivable $1,200

CR Tour Revenue $1,200

May 9 DR No entry required

May 15 DR Sales Allowance (1,200 * 30%) $360

CR Accounts Receivable $360

May 20 DR Cash $789.60

DR Sales Discount $50.40

CR Accounts Receivable $840

Working

Accounts Receivable = 1,200 - 360 sales allowance = $840

Sales Discount = 840 * 6% discount = $50.40

Cash = 840 - 50.40 = $789.60

b. Net Revenues

= Revenue - Sales allowance - Sales discount

= 1,200 - 360 - 50.40

= $789,60

c. Partial Income Statement

Tour Revenues $1,200

Less:

Sales Allowance $360

Sales Discount $50.60

($410.60)

Net Tour Revenue $789.40

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4 years ago

when you cross or enter traffic from a full stop, how much space should you allow on city streets? on the highway?

alekssr [168]

You should leave 3 seconds of space between you and the vehicle ahead of you.

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4 years ago