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spayn [35]
3 years ago
8

If the NCUA charges 6.3 cents per 100 dollars insured and Credit Union L pays $8,445 in NCUA insurance premiums, approximately h

ow much is in Credit Union L’s insured deposits? a. $1.2 million b. $5.3 million c. $13.4 million d. $20.6 million
Business
2 answers:
Vera_Pavlovna [14]3 years ago
8 0

Answer:

13.4 MILLION

Explanation:

i just took the test boiii

Iteru [2.4K]3 years ago
7 0
$8,445 = 844,500 cents
844,500 : 6.3 = 134,047.61
134,047.61  · 100 = $13,404,761 ≈ $13.4 million
Answer:
C ) $13.4 million
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Rodney Cashman has been investing $2,000 quarterly for the past 18 years in an equity mutual fund. How much is the fund worth no
leva [86]

Answer:

<em>Rodney Cashman's fund is worth $ 465,862.95 after investing for the past 18 years.</em>

Explanation:

Given: Number of periods - 18 years * 4 quarters = 72

Periodic payment - $2,000

Interest Rate - 11.5%

Formula: FV of Annuity= p [(1+ r/m)n-1/ (r/m)]

Where:

P - Periodic Payment

r - interest rate

n - number of periods

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FV of Annuity =$ 465,862.95

4 0
3 years ago
Revising for Conciseness - Rejecting Redundancies and PurgingEmpty Words
ludmilkaskok [199]

Answer:

Answer (A) - 1 and 2

Answer (B) - 3

Answer (C) - 2

Explanation:

There are three sections to this question.

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Among the 4 options given in this section, the redundancies are

1. Adequate enough

2. Combined together

Why? Because there is repetition in the phrases! Adequate is the same thing as Enough and Combined means the same thing as Together.

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For the statement given, the option containing the empty words is

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Why? Because this is the unnecessary phrase that needs to be eliminated from the sentence, not even for conciseness sake but for the sake of proper grammar and better comprehension by the reader.

PART C: Revising a Passage

For the passage given, the type of revision that could be made to make it more concise is

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Why? Because the second statement in the passage was an unnecessary filler. It contained information that required story telling about the efforts of "Jump High Schools".

3 0
3 years ago
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Serggg [28]

The kind of measures that Bill took which made his insurance premiums to drop is a preventative measure.

<h3>What is a preventative measure?</h3>

In insurance, a preventative measure can be defined as a kind of measure that typically involves reducing the degree of risk associated with an insurance object, and mitigating (decreasing) the negative impact of potential insurance-related accidents on the insured.

In this context, we can infer and logically deduce that the kind of measures that Bill took which made his insurance premiums to drop is a preventative measure.

Read more on insurance here: brainly.com/question/16789837

#SPJ1

7 0
1 year ago
The Securities and Exchange Commission was a New Deal program designed to regulate __________. importing quotas farming practice
Softa [21]

The Securities and Exchange Commission was a New Deal program designed to regulate stock market.

<h3><u>Explanation:</u></h3>

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8 0
3 years ago
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devlian [24]

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4 0
3 years ago
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